The state has announced the 2024 maximum contribution and benefit rates payable for CT Paid Leave, which is the state's paid family and medical leave program.
2024 Contribution Amount The contribution rate will remain at 0.5%, up to the federal Social Security wage contribution cap, which is $168,600 in 2024 (2023: $160,200). Accordingly, an employee's maximum contribution in 2024 to the state's plan will be $843 in 2024 (2023: $801). For this purpose, wages used to determine earnings for FICA purposes are counted and may include salary or hourly pay, vacation pay, holiday pay, tips, commissions, and severance pay.
This contribution rate does not apply to private plans; however, private plan coverage cannot cost employees more than what they would be required to pay under the state plan. If the private plan rate exceeds the state plan rate, the employer would need to cover the amount exceeding the state rate. If the private plan is lower than the state rate, employees could not be charged more than the private plan rate.
2024 Weekly Maximum Benefit Amount The minimum wage for 2024 was announced to be $15.69/hour. As a result, the maximum weekly benefit amount will increase to $941.40 from $900 effective January 1, 2024, as the weekly benefit is capped at 60 times the CT minimum wage.