The Family and Medical Leave Insurance Act creates the family and medical leave insurance program to provide partial wage-replacement benefits based on an employee’s yearly earnings for up to twelve weeks to an elegible individual who takes leave from work to care for a new child or a family member with a serious health condition. Each employee in the state will pay a premium based on a percentage of the employee’s yearly wages and must not initially exceed .99%. The premiums are deposited into the family and medical leave insurance fund from which family and medical leave benefits are paid to eligible individuals.
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