Published December 23. 2020 4:44PM | Updated December 24. 2020 9:05AM By
Lee Elci
A financial reckoning lurks silently in the shadows ready to envelop the overburdened, overwhelmed Connecticut taxpayer. Commencing Jan. 1, unless you are a state employee, your weekly paychecks will get smaller; 0.5% smaller to be exact. Phase One of The Paid Family and Medical Leave Act officially institutes its slow grind of separating you from your hard-earned income at the onset of the new year.
State employees are exempt from this new tax since they currently have a publicly funded plan already in place.
Following the 2018 election, the Connecticut legislature enacted the Paid Family and Medical Leave Act, which creates a system that will entitle each eligible Connecticut employee to paid family leave. The deduction applies to each employee s wages up to the Social Security contribution base ($142,800 in 2021). The program is targeted to begin in 2022 and will provide workers in Connect
Hawaii Tuesday, December 15, 2020
As we (thankfully) reach the end of 2020, we wanted to provide a year-end update on recent and upcoming state law developments. Despite the fact that state and local governments had their hands full with the COVID-19 pandemic (and passed many laws relating to that topic, which we will not cover here), they managed to crank out an impressive number of non-COVID-related employment laws.
As always, now is a good time for employers to take a deep breath, look around, assess their policies for compliance, and make any necessary updates to their handbooks, pay practices, and administration for the new year.
What You Need to Know Now About the Connecticut Paid Family and Medical Leave Act | Pullman & Comley - Labor, Employment and Employee Benefits Law jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.