Colorado FAMLI, Premium

How Much Does Family & Medical Leave Insurance (FAMLI) Cost?

Colorado Family & Medical Leave Insurance (FAMLI) is Colorado’s version of a state-mandated Paid Family & Medical Leave (PFML) insurance program. The cost (or premium) for this coverage is typically shared between the employer and employee (for employers with 10 or more employees). The actual cost depends on whether the employer obtains this coverage through the State Plan, self-funds, or purchases fully insured coverage from an insurance carrier – like ShelterPoint*.

How Does the CO FAMLI Premium Work With the State Plan?

See the current State Plan contribution rate here.

In Colorado, the employer and employee may share the cost of FAMLI premium 50/50.
Employers may choose to pay the employee’s share of the premium if they want to provide it to their employees as an additional benefit.
On the flipside, employers cannot require their employees to fund more than half of the premium.
Employers with less than a total of 10 employees will not be required to pay the employer portion of the premium but must still forward their employees’ portion of the premiums to the State for the State Plan.

By statute, the premium rate cannot exceed 1.2% of wages per employee.

Premium Calculator for the State Plan

How Much May I Pay in Premium?

Premium Calculator
for the State Plan

How to determine CO FAMLI employer contributions

The total employee headcount determines the contribution level employers are responsible for. Total number of employees means the total number of individuals employed last year for 20 or more workweeks, regardless of how many hours/days they worked within each week.

9 or fewer total employees No employer contribution required

10+ total employeesFull employer contribution required

Counting employees

To determine the FAMLI employer contribution threshold, all employees employed for 20 or more workweeks in the preceding calendar year anywhere in the United States, District of Columbia, and US territories / possessions need to be counted, including those working remotely and employees who do not physically work in Colorado. This number is calculated annually in the My FAMLI+ Employer portal upon registration and updated annually.
Employees out on leave must be counted if they are expected to return to active employment.

Let’s look at some examples:

	Total Employee Headcount Nationwide	Employee Headcount Colorado Only	# Employees to Cover	ER Premium Required?	% Premium Paid by Employer	% Maximum Premium Paid by Employee
Company A^†	9	9	9	No	0%	100%
Company B	25	4	4	Yes	50%	50%
Company C	100	100	100	Yes	50%	50%
Company D^‡	100	100	100	Yes	100%	0%

† In this example, based on the size of Company A, the employee will pay its share of the maximum employee contribution – the employer is not required to contribute.

‡ And in the last example, Company D has elected to contribute both the employer and employee portions of the premium, so the employees do not have a premium contribution deducted from their wages.

How Do Contributions Work for Fully Insured Private Plans Like ShelterPoint?

Private Plan benefits must be equal to or more generous than the State Plan. Most importantly, the employee's maximum contribution must not be more than what they would pay under the State Plan.

Employers with approved Private Plans are exempt from remitting contributions to the State Fund for future quarters after approval and would instead remit premium to their chosen Private Plan carrier when due.

Private Plan Considerations

Competitive pricing is not necessarily the only reason for choosing a fully insured Private Plan. Experience and scalability can translate into fast turnaround times for claims processing and smooth service.

Learn more about fully insured Private Plans and how to apply for one here .

Learn More

CO FAMLI Premium Rates and Contributions FAQs

What are considered wages subject to CO FAMLI Premiums?

Wages subject to FAMLI premiums mirrors those that are included in the Unemployment definition of included wages. They are:

Payments defined as wages under the Federal Unemployment Tax Act (FUTA)
Tips
Employee contribution to 401(k) or IRC 408 simplified Retirement Plans
Disability payments paid in first 6 months after an employee worked for you
Employer contributions to a Medical Savings Account ○ Employee-matching contributions into IRC 219 simplified employee pension plan
Payments made by public school or 501(c) (3) into annuity contract or by governmental entity into deferred compensation plan because of a salary-reduction agreement
Payments for personal services, including anything other than cash that has cash value, like a housing allowance, (except payments to agricultural or domestic workers, which must be cash to be wages)
Employee contributions to a Salary Reduction Simplified Employee Pension Plan (SARSEP)
125 Cafeteria Plan if cash is chosen

What are not considered wages subject to CO FAMLI Premiums?

The following are not considered wages and are exempt from FAMLI Premium calculations:

Payments for moving expenses if deduction is allowed in the federal Internal Revenue Code (IRC), IRC 127
Group Term Life Insurance
Employer contribution to 401(k) or IRC 408 simplified Retirement Plans, all PERA contributions
Amounts paid or incurred for a dependent care plan (IRC 129) or a educational assistance program (IRC 127)
Employee Contributions to a Medical Savings Account
Employer contributions into IRC 219 simplified employee pension plan
Payments into a deferred compensation plan if you are a government entity
Value of meals or lodging furnished by employer if such items are excluded from income as described in IRC 119
Employer contributions to a Salary Reduction Simplified Employee Pension Plan (SARSEP)
125 Cafeteria Plan if qualified benefit chosen

Learn More About CO Family & Medical Leave Insurance

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*The ShelterPoint family of companies operates under the “ShelterPoint” name strictly as a marketing name, and no legal significance is expressed or implied. The ShelterPoint family of companies consists of ShelterPoint Life Insurance Company, a NY-domiciled carrier (principal office in Garden City, NY), and its wholly owned subsidiary ShelterPoint Insurance Company, a FL-domiciled carrier, depending on the state. ShelterPoint is a registered service mark.

This material is for informational purposes only and is not intended to provide legal counsel. Please consult with an appropriate professional for legal and compliance advice. Any program information is based on our knowledge and understanding of CO’s applicable laws and regulations as of the publication date and may change as regulations evolve or CO issues updated guidance. Further, this material is for illustrative purposes only, providing a general overview of the services described. It is not a contract nor intended as an offer of coverage.

Policies are subject to Underwriting approval. Policies are reviewed annually and may be cancelled for nonpayment. All coverage extends to limits reflected in the policy. Please refer to the policy for coverage details pursuant to its governing law, including a complete listing of covered services, provisions, conditions, exclusions, limitations, and terms under which the policy may be continued or cancelled. In the event of conflicting information with the policy and its governing Law, the policy and governing Law will take precedence over what is shown in this material. Claim payment is not guaranteed; benefit amount depends on wages.

The Colorado Paid Family and Medical Leave Insurance Act § 8-13.3-501 et seq., C.R.S and its implementing regulations including 7 CCR 1107-1, et seq. govern this Private Plan and its interpretation and administration. Available in CO only.

Underwritten by: ShelterPoint Life Insurance Company (principal office in Garden City, NY) in: CO (form# SPL PFMLP 0123 CO).

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All policies are underwritten and administered by either ShelterPoint Life Insurance Company (principal office in Garden City, NY), or ShelterPoint Insurance Company, a FL-domiciled carrier, depending on the state. Contact Underwriting for details.
Policies for Private Plans of Statutory Benefit Programs are underwritten by ShelterPoint Life Insurance Company (principal office in Garden City, NY) in NY, NJ, CT, MA, CO; and underwritten by ShelterPoint Insurance Company (a FL-domiciled carrier) in OR. Click here to view availability by state.
For information about which company is licensed in your state, please visit our Geographic & Jurisdictional Notice.

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CO FAMLI: Premium & Contributions