Washington SB5292 amends paid family and medical leave rates and reporting requirements.

Washington SB5292 modifies the paid family and medical leave program by adjusting premium assessments and reporting requirements. The Department of Labor and Industries must assess premiums based on wages and set rates annually. The Office of Actuarial Services must report on the financial condition of the insurance account and recommend future premium rates. Local governments cannot enact laws altering the program's requirements for private employers. The bill also mandates annual reporting on program participation, fund balances, and benefits paid, among other metrics.

Washington SB5292 amends paid family and medical leave rates and reporting requirements.

Washington SB5292 modifies the paid family and medical leave program by adjusting premium assessments and reporting requirements. The Department of Labor and Industries must assess premiums based on wages and set rates annually. The Office of Actuarial Services must report on the financial condition of the insurance account and recommend future premium rates. Local governments cannot enact laws altering the program's requirements for private employers. The bill also mandates annual reporting on program participation, fund balances, and benefits paid, among other metrics.