Legal Update: Colorado FAMLI Reminder

NOTE: Employers can apply for a private plan exception after October 31, they just cannot get the 2023 premium refund.

Colorado FAMLI (Family and Medical Leave Insurance)

Reminder

Last chance notice. Employers who receive approval for private plans with an effective date of Jan. 1, 2024, may be eligible for a refund of premiums paid in 2023. The deadline for submission and approval of the plan is October 31, 2023. These organizations must also register with the division.

Important Dates

October 31, 2023
Colorado FAMLI deadline to complete an approved private plan.

Quarter 3 wage reports and premiums are also due on this date.

December 31, 2023
Quarter 4 wage reports and premiums are due.

January 1, 2024
FAMLI benefits become available.

Posting Requirements Reminder

Colorado employers must post a required notice about the FAMLI Program in a prominent location in the workplace. The required notice has been made available on the FAMLI website.

Employers will also be required to notify their employees about the program upon hiring and learning of an event that triggers employee eligibility.

Additional Resources

In addition, the division has created a “paycheck stuffer” employers can distribute with paystubs, post to intranet or include in internal communication channels that reach employees. The FAMLI website also has an employer toolkit and an employee handbook for employer use.

FAMLI Program

The FAMLI program will offer paid family and medical leave benefits to Colorado employees beginning Jan. 1, 2024. The program is funded by employer and employee contributions that start Jan. 1, 2023.

The program covers virtually all employers and applies to workers who have earned at least $2,500 during a base period. Employers with fewer than 10 employees are not required to contribute to premiums.

Provided to you by GBS Benefits, Inc.
This Legal Update is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice. © 2022 Zywave, Inc. All rights reserved.
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