What You Need to Know about Paid Family and Medical Leave
By Kevin M. Mosher • Apr 29, 2022
Minnesota legislators on both sides of the aisle have unveiled two different plans for paid family and medical leave (PFML). The Republican party’ PFML bill would create a new insurance product that businesses could offer in their benefits packages. The proposal would also provide tax credits for small businesses with 50 or fewer employees, to help them afford the ability to provide coverage. Alternatively, the Democratic–Farmer–Labor party’s proposal would provide up to 12 weeks of paid leave through a state-managed fund that employers and employees would pay into via payroll tax.
Paid Family and Medical Leave is a program designed to help people take time off work for family or medical reasons, such as the birth or adoption of a child; caring for a family member with a serious health condition; or to care for their own serious health condition.
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