CT Paid Leave program collects $102M in 1Q : vimarsana.com

CT Paid Leave program collects $102M in 1Q


Connecticut’s Paid Leave Authority has registered 108,911 businesses and collected more than $102 million in first-quarter contributions, Gov. Ned Lamont announced Monday, exceeding official expectations on both counts.
The program — which will administer the expanded paid leave benefits for qualifying workers signed into law by the governor in June 2019 — had signed up about 87,000 companies midway through April and was aiming to boost that number to around 104,000 through stepped up outreach efforts. Actuarial projections initially put first-quarter contributions at $67 million.
“We are very pleased with the first-quarter results,” Connecticut Paid Leave Authority CEO Andrea Barton Reeves said. “The paid leave program has been fully developed during the pandemic, when many of Connecticut’s businesses were struggling just to survive. Business cooperation with this new process has been extraordinary and workers across Connecticut who will be eligible for paid leave next year will be the beneficiaries.”

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