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Any Questions about FMLA/STD? I have your answers
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<blockquote data-quote="thedownhillEXPRESS" data-source="post: 1307195" data-attributes="member: 41741"><p>Well it appears your tax dollars DONT pay for it.</p><p></p><p>Who provides the funding for the Family Leave Insurance program?</p><p>Beginning January 1, 2014 employers are required to withhold 0.001% from the taxable wage base of $31,500. This is the same wage upon which the withholding for unemployment compensation and temporary disability insurance is based . The taxable wage base changes each year. Employers do not contribute to the program. Visit the website for the Division of Employer Accounts for information regarding the withholding and remitting of contributions.</p><p></p><p>But that .001% might cost you a billion dollars in 30 years.</p></blockquote><p></p>
[QUOTE="thedownhillEXPRESS, post: 1307195, member: 41741"] Well it appears your tax dollars DONT pay for it. Who provides the funding for the Family Leave Insurance program? Beginning January 1, 2014 employers are required to withhold 0.001% from the taxable wage base of $31,500. This is the same wage upon which the withholding for unemployment compensation and temporary disability insurance is based . The taxable wage base changes each year. Employers do not contribute to the program. Visit the website for the Division of Employer Accounts for information regarding the withholding and remitting of contributions. But that .001% might cost you a billion dollars in 30 years. [/QUOTE]
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Any Questions about FMLA/STD? I have your answers
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