FOR IMMEDIATE RELEASE
January 24, 2025
Contact: Katie Hoeppner at [email protected]
ALBUQUERQUE, NM – The Southwest Women’s Law Center (SWLC) released the findings of a new Milliman analysis today, showing a state-run paid family and medical leave program (PFML) in New Mexico would be sustainable and financially sound under certain conditions and assumptions.
Milliman ran three projections – all based on a full 12 weeks of paid leave across all eligible leave categories and an inclusive definition of family — using slightly different formulas regarding contribution rate caps. Importantly, when calculating projections based on 0.1% cap on both annual increases and decreases in contribution rates as denoted in “Projection 3,” the fund would remain remarkably stable. HB 11, the 2025 version of the bill pre-filed on January 8, incorporates a 0.1% cap on increases and decreases, an inclusive definition of family, up to 12 weeks of leave for parental leave, and 9 weeks for other eligible leave categories.
The Southwest Women’s Law Center is seeking a subcontracted attorney to support our civil legal services grant by repr
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