A bill before the Legislature proposes to abolish the state’s paidand deposit funds now kept in the state’s Family Temporary Disability Leave Account into the unemployment compensation insurance fund.
New Jersey is one of the few states offering paid family leave. The state’s unemployment fund is insolvent, and this bill, A02376, comes on the heels of a series of proposals from Gov. Chris Christie to bring the fund back into balance.
Earlier this year, Christie proposed slowing unemployment tax increases and phasing them in over a longer period.
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