What would the Family And Medical Insurance Leave Act (FAMILY Act) do? The FAMILY Act would create an affordable and self-sustaining national family and medical leave insurance fund to provide workers with a portion of their wages for a limited period of time (up to 60 workdays, or 12 weeks in a year) to address their own serious health condition, including pregnancy or childbirth; to deal with th. [...] How much would the FAMILY Act cost the government to create and maintain? The FAMILY Act insurance program would be self-funded through employee and employer payroll contributions. [...] How does the FAMILY Act relate to the Family and Medical Leave Act (FMLA)? The insurance program created through the FAMILY Act would run parallel to but separate from the FMLA. [...] What would happen to existing state family leave or state temporary disability insurance programs if the FAMILY Act were enacted? The FAMILY Act would not preempt or supersede state laws that provide paid family and medical leave insurance benefits, so there is nothing in the bill to discourage continued state progress. [...] How would the FAMILY Act impact Social Security? The FAMILY Act would not negatively affect Social Security because the FAMILY Act’s family and medical leave insurance fund would be completely separate from the Social Security Trust Fund, and the new payroll tax would generate the funding to administer the program and cover benefits.
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