Proposition 118: Paid Family and Medical Leave Insurance Program
Proposition 118 proposes amending the Colorado statutes to:
- create a paid family and medical leave insurance program for Colorado employees administered by the Colorado Department of Labor and Employment;
- require employers and employees in Colorado to pay a payroll premium to finance paid family and medical leave insurance benefits beginning January 1, 2023;
- allow eligible employees up to 12 weeks of paid family and medical leave insurance benefits annually starting January 1, 2024; and
- create job protections for employees who take paid family and medical leave.
- A “yes” vote on Proposition 118 means the state will create an insurance program to provide paid family and medical leave benefits to eligible employees in Colorado funded by employers and employees’ premiums.
- A “no” vote on Proposition 118 means the state will not create a paid family and medical leave insurance program.