Did you know starting January 1, 2023 there is a new payroll deduction? It is called Paid Leave Oregon. This program is designed to help with Family, Medical and Safe leave.
Here is a quick overview of the new program. Paid Leave Oregon Overview
Starting January 1, 2023 contributions will be 1% of gross wages up to $132,900.00. This 1% gets split between employee and employer (*if you have more than 25 employees or elect to pay the additional portion if you have less than 25 employees).
The split is 60% employee and 40% employer*
Here is quick overview of the new program contributions. Contributions-Fact-Sheet
Here is a quick overview of the new program for small employers. Paid-Leave-Small-Employers
Benefits of Paid Leave Oregon: Benefits will not start until September 2023. An employee can take up to 12 weeks of paid leave per year.
Here is quick overview of the new program benefits. Benefits-Fact-Sheet
A few additional pieces of information. If an employer already has an equivalent plan then the employee and employer can opt out of Paid Oregon Leave.
Here is quick overview of the new program Equivalent Plans. PFMLI-Equivalent-Plans
Did you also know that self employed individuals can participate in the Paid Leave Oregon program also? Here is a quick overview of the new program for Self Employed. Paidleave-selfemployed-EN
Please let us know if you have any questions.