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Maryland Department of Labor sets rate for new Family and Medical Leave Insurance system

The Maryland Department of Labor has announced the initial contribution rate for the new Family and Medical Leave Insurance State Plan. The rate will be 0.90% of covered wages, and will be equally divided between employees and employers with 15 or more workers.

The contribution rate is the rate applicable to employers and self-employed individuals choosing coverage under the State Plan. Employers will need to make a plan selection for Family and Medical Leave Insurance…