Section 8-13.3-506 - Amount of benefits - portability(1) The amount of family and medical leave insurance benefits shall be determined as follows: (a) The weekly benefit shall be determined as follows:(I) The portion of the covered individual's average weekly wage that is equal to or less than 50 percent of the state average weekly wage shall be replaced at a rate of 90 percent; and(II) The portion of the covered individual's average weekly wage that is more than 50 percent of the state average weekly wage shall be replaced at a rate of 50 percent.(b) The maximum weekly benefit is 90 percent of the state average weekly wage; except that for paid family and medical leave beginning before January 1, 2025, the maximum weekly benefit is 1,100 dollars.(2) The division shall calculate a covered individual's weekly benefit amount based on the covered individual's average weekly wage, up to the maximum total benefit established in subsection (1)(b) of this section. If a covered individual taking paid family and medical leave from a job continues working at an additional job or jobs during this time, the division shall not consider the covered individual's average weekly wage earned from the additional job or jobs when calculating the covered individual's weekly benefit amount. A covered individual with multiple jobs may elect whether to take leave from one job or multiple jobs.Amended by 2023 Ch. 40, § 2, eff. 3/23/2023.Added by 2020 Ballot Proposition 118, passed by voters in 11/3/2020 election, eff. 12/31/2020.Initiated 2020: Entire part added, Proposition 118, L. 2021, p. 4230, effective upon proclamation of the Governor, December 31, 2020.This section was originally numbered as 8-13.3-406 in Proposition 118 but was renumbered on revision for ease of location.