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Bill > SB254
OK SB254
OK SB254Paid family and medical leave; authorizing the Department of Labor to contract with a qualified third-party actuary for certain purpose. Effective date.
summary
Introduced
02/03/2025
02/03/2025
In Committee
03/04/2025
03/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
paid family and medical leave - third-party actuary - report - collaboration - timeline for implementation - actuary study - promulgation of rules - codification - effective date
AI Summary
This bill requires the Oklahoma Department of Labor to contract with an independent third-party actuary by January 1, 2027, to conduct a comprehensive study on establishing a paid family and medical leave (PFML) insurance program. The study must analyze various program parameters, including eligible uses of leave (such as bonding with a new child, caring for family members with serious health conditions, and addressing domestic violence needs), coverage for public and private sector employees, potential self-employed worker inclusion, eligibility standards, and program financing. The actuary must model at least two different program designs, comparing costs and premium rates needed to maintain solvency, with a focus on creating an equitable system that supports low-wage workers through a graduated wage replacement rate. Key provisions include a minimum of 12 weeks of leave per year, a potential waiting period of up to 7 days, a right to job reinstatement, and a social insurance model where workers and employers share premium costs. The study must be completed and publicly shared within 30 days of its conclusion, with the goal of developing a sustainable PFML program that meets the diverse needs of Oklahoma's workforce. The bill is set to become effective on November 1, 2025, providing a framework for future implementation of a state-level paid leave program.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Placed on General Order (on 03/06/2025)
Official Document
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