Wash. Rev. Code § 50A.05.050

Current through 2024
Section 50A.05.050 - Reports to legislature
(1) Beginning December 1, 2020, and annually thereafter, the department shall report to the legislature on the entire program, including:
(a) Projected and actual program participation;
(b) Premium rates;
(c) Fund balances;
(d) Benefits paid;
(e) Demographic information on program participants, including income, gender, race, ethnicity, geographic distribution by county and legislative district, and employment sector;
(f) Costs of providing benefits;
(g) Elective coverage participation;
(h) Voluntary plan participation;
(i) Outreach efforts; and
(j) Small business assistance.
(2)
(a) Beginning January 1, 2023, the office of actuarial services created in RCW 50A.05.130 must annually report, by November 1st, to the advisory committee in RCW 50A.05.030 on the experience and financial condition of the family and medical leave insurance account, and the lowest future premium rates necessary to maintain solvency of the family and medical leave insurance account in the next four years while limiting fluctuation in premium rates.
(b) For calendar years 2023 through 2028, the annual reports in (a) of this subsection must be submitted to the appropriate committees of the legislature in compliance with RCW 43.01.036.
(3) Beginning October 1, 2023, the department must report quarterly to the advisory committee in RCW 50A.05.030 on premium collections, benefit payments, the family and medical leave insurance account balance, and other program expenditures.

RCW 50A.05.050

Amended by 2022 c 233,§ 7, eff. 6/9/2022.
2017 3rd sp.s. c 5§ 86. Formerly RCW 50A.04.210.