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CHAPTER 15 ERISA Family Medical Leave Act. ERISA 1) Fiduciary Standards 2) Reporting and Disclosure 3) Participation 4) Vesting 5) Funding 6) Plan Termination.

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Presentation on theme: "CHAPTER 15 ERISA Family Medical Leave Act. ERISA 1) Fiduciary Standards 2) Reporting and Disclosure 3) Participation 4) Vesting 5) Funding 6) Plan Termination."— Presentation transcript:

1 CHAPTER 15 ERISA Family Medical Leave Act

2 ERISA 1) Fiduciary Standards 2) Reporting and Disclosure 3) Participation 4) Vesting 5) Funding 6) Plan Termination Insurance *VESTING vs. PORTABILITY*

3 FAMILY MEDICAL LEAVE ACT (Washington State law provides less to the employee than the FMLA, however employees can use whichever law seems to have greater rights).

4 Employers (engaged in commerce or state and local government) with 50 or more employees at a worksite (included within 75 mile radius) must provide up to 12 weeks of unpaid leave for the following reasons: FAMILY MEDICAL LEAVE ACT   birth of employee’s child   placement of child with employee for adoption or foster care   serious health condition of the employee’s child, spouse or parent   serious health condition of the employee

5 FAMILY MEDICAL LEAVE ACT Serious health condition = illness, injury, or physical or mental condition that requires inpatient care in medical facility or continuing treatment by doctor. v vTo qualify: employee must have worked at least 12 months and for at least 1250 hours during previous 12 months. v vDuring leave employer must maintain health coverage just as though employee were not on leave. Should the employee decide to terminate s(he) is liable for the premiums paid by employer. v vGenerally employee is returned to same or equivalent jobs. v vEmployer may require employees to use their paid vacation, personal leave, or sick leave as part of the 12 week period. Many more specific cases in law.


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