(a) If the eligible employee’s average weekly wage is equal to or less than 65 percent of the average weekly wage, the employee’s weekly benefit amount shall be 100 percent of the employee’s average weekly wage.
(b) If the eligible employee’s average weekly wage is greater than 65 percent of the average weekly wage, the employee’s weekly benefit amount is the sum of:
(A) 65 percent of the average weekly wage; and
(B) 50 percent of the employee’s average weekly wage that is greater than 65 percent of the average weekly wage.
(2) Notwithstanding subsection (1) of this section, the director shall establish:
(a) A maximum weekly benefit amount of 120 percent of the average weekly wage.
(b) A minimum weekly benefit amount of five percent of the average weekly wage.
(3) The director shall determine, based on the contribution amounts made by a self-employed individual, a tribal government or the employees of a tribal government under ORS 657B.150, the amount of benefits payable to a self-employed individual or to an employee of a tribal government.
(4) Benefits are payable only to the extent that moneys are available in the Paid Family and Medical Leave Insurance Fund for that purpose. The state, any political subdivision of the state and any state agency are not liable for any amount in excess of this limit. [2019 c.700 §7]
Note: 657B.050 becomes operative September 3, 2023. See section 63, chapter 700, Oregon Laws 2019, as amended by section 1, chapter 30, Oregon Laws 2021, and section 6a, chapter 639, Oregon Laws 2021.