Starting in January, 2023, Oregon State will begin collecting funding for the new Paid Family & Medial Leave Act. This is administered by the State of Oregon Employment Department. The combined premium will be a percentage of wages paid each quarter starting in 2019. This is to start on the first January payroll regardless of when the hours were worked.
Beginning Jan 1, 2023 The percentage is 1% if the employer portion is included. The employer minimum portion is 40% of the premium (.4% or .004). Employers may withhold a maximum of 60% of the premium (.60% or .006) from the employee wages. For more information about the 2023 requirements, click the following link: https://paidleave.oregon.gov/employers/Pages/default.aspx
For more information visit the Oregon Employment Department's Website: https://paidleave.oregon.gov/employers/what-employers-need-to-do.html
PFML CAP information is still being gathered and will be updated when the information is available.
Setup Separate Vendor
Even though PFML is being collected by Oregon Employment Department, the PFML is considered state funds while Unemployment is considered federal funds. To keep these separate when paying, it is recommended that the PFML has a unique Vendor.
Go to: Transactions Vendor Accounts
- Click Add New
- Enter the Vendor Information. This can be the same as the existing Employment Security for Oregon but add PFML to the name
- Click Save & Close
SETUP DEDUCTION
SETUP FOR EMPLOYERS WITH OVER 25 EMPLOYEES
Modern View: Go to: Advanced PayrollPayroll Control Panel Cog Wheel in the upper right hand corner Setup Benefits and Deductions tab
Classic view: Go to: Advanced Payroll Payroll Setup Benefits Deductions tab