Projected paid leave premiums vs. costs at the 1.2% cap, 2026-2029

At the projected rates, premiums exceed costs slightly in 2026 and 2027. With the rate held at 1.2% from 2027, costs grow faster than premiums and exceed them by $240 million in 2028 and about $595 million in 2029, when costs are 118% of premiums.

amount_mseriesyear
2827Premiums at the projected rate2026
2711Benefits and other costs2026
3105Premiums at the projected rate2027
3048Benefits and other costs2027
3237Premiums at the projected rate2028
3477Benefits and other costs2028
3376Premiums at the projected rate2029
3971Benefits and other costs2029

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