Colorado workers are earning more on average — and that could mean changes for some workers who are currently taking FAMLI leave.
Starting July 1, 2024, the State’s average weekly wage is set to $1,471.34. That’s an increase of roughly 3.5%.
Not all claims are impacted. For instance, claimants who are already receiving the maximum benefit of $1,100 a week will see no immediate changes.
Other claimants may see a slight increase in their weekly benefit amount. That’s because FAMLI benefits are calculated on a sliding scale using your individual average weekly wage in relation to the State’s average weekly wage. That means starting July 1, 2024, the first $735.67 of an individual’s average weekly wage will be replaced at a rate of 90%, and the rest will be replaced at 50%.
For example, an active FAMLI claimant whose average weekly wage is $1,000 a week currently has a weekly benefit amount of $784. Starting July 1, this claimant’s weekly benefit amount will go up to $794.
Active claimants whose weekly benefit amount will be increasing will receive a notification from My FAMLI+ that their weekly benefit amount has been redetermined.
Starting next year, the higher wage will also trigger a change to the maximum benefit amount, currently capped at $1,100 a week. New claims filed on or after January 1, 2025, will be capped at $1,324.21.
Still have questions? FAMLI experts are standing by to help. Drop us a line at CDLE_FAMLI_info@state.co.us or give us a call at 1-866-CO-FAMLI any weekday between 7 a.m. and 6 p.m. MT.