PFML SURETY BONDS WITH THE LOWEST BOND RATES AVAILABLE
Paid Family and Medical Leave Law"MIKE WAS A GREAT HELP TO SMITH IN NAVIGATING THE BONDING REQUIREMENTS FOR THE MASSACHUSETTS PFML."
Paid Family and Medical Leave Bond Requirements
We specialize in larger Institutions and Businesses at the lowest Bond Premium structures available in the industry.
Are you a Self-Insured employer seeking an exemption from making Paid Family and Medical Leave contributions? Then you are required to provide a Surety Bond to guarantee benefits are provided to your employees under this law.
The Paid Family and Medical Leave is a law that provides workers living in Connecticut with paid leave for active duty member-related events, family leave and an employee’s state of health. The paid leave is administered by the State of Connecticut Paid Family and Medical Leave Insurance Authority.
Michael F. Metayer, President & CEO
One Wall Street Building Conversion: Project Bond Amount $940MM
What Type of Employers Are Subject To The PFML?
The law states that all private Connecticut employers, regardless of the size of the organization, should provide their employees with PFML.
Types of Leave Under PFML
To care for a family member with a serious medical condition.
To take care of your own serious medical condition.
Addressing any urgent need emanating from a family member who is on active duty.
Surety Bond Required
Employers with a Qualifying Self-insured Plan are required to post a Surety Bond.
A sample Surety Bond Form can be downloaded here.
The Bond Amount is based on both the types of plans your business is providing as well as the number of employees you have.
You must provide the executed bond to the Paid Family and Medical Leave Insurance Authority to complete your exemption application. For more information about PMFL exemption, visit the Connecticut State information page here.
At Metayer Bonding Associates we offer Surety Bonds for Clients throughout the Northeast including a heavy concentration of clients in Massachusetts and Connecticut. We can help you obtain this bond. In order to get started, please fill out the form provided here and we will contact you shortly.
Our Bond Companies
Listed below are examples of the bond companies we work with.
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SEE WHAT OUR CLIENTS ARE SAYING ABOUT US
He was very knowledgeable and extremely fast in his responses – making for an efficient compliance process. ”
MATTHEW MOTYKA, CPA, CONTROLLER & ASSOCIATE TREASURER
SMITH COLLEGE
NORTHAMPTON, MA