Oregon Administrative Rules
Chapter 471 - EMPLOYMENT DEPARTMENT
Division 70 - Paid Family Medical Leave Insurance
Section 471-070-3010 - Contributions: Method for Determining Contribution Rate and Maximum Wage Amount
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The department shall determine the Paid Family and Medical Leave Insurance (PFMLI) contribution rate on an annual basis. Using current and actual data as well as projections, the factors the department considers in determining the rate include, but are not limited to:
(2) For purposes of determining the contribution rate, estimates will include consideration of Oregon PFMLI program data and other relevant data sources, including but not limited to, other Oregon state agencies, other states' agencies, and federal agencies.
(3) Beginning with calendar year 2024, the maximum wage amount will be adjusted by the annual percentage increase (if any) in the August Consumer Price Index for All Urban Consumers, West Region (All Items) as published by the Bureau of Labor Statistics of the United States Department of Labor.
(4) The director shall announce the contribution rate and maximum wage amount by November 15 each year, effective for the following calendar year.
Statutory/Other Authority: ORS 657B.340
Statutes/Other Implemented: ORS 657B.150