What is Paid Family & Medical Leave?

Effective 2026, MN Paid Family & Medical Leave (MN PFML) is a mandated plan by the State of MN. This plan will allow workers to request a wage replacement benefit if they are sick or hurt and cannot work, or due to a family matter such as bonding with a new child, caring for a family member who has a serious health condition or to address a qualifying military exigency. Employers will have the option to elect the State plan or a private plan. For more information on this state mandated plan, please click on this link that will bring you to the State of MN https://mn.gov/deed/paidleave/

The MBA is excited to announce that we will offer a private Minnesota Paid Family and Medical Leave plan through our Disability and Life insurance partner, Voya. We are now able to provide quotes for private MN PFML coverage.

To get started, please click here to create and upload your employee census.

Caps and Gaps with MN PFML

While MN Paid Family Medical Leave intends to ensure Minnesotans can take the time they need to be there for life’s most important moments, there still will be ‘caps and gaps’ that could cause financial hardships for employees who don’t carry additional Short-Term Disability insurance. The MBA has Short-Term Disability  plans that can help! 

• Employee-Paid Buy-Up Plan Option
• Employer-Paid Disability Supplemental Plan Option

For more plan details, click here. Please note that the pricing may change and will be available this fall – STAY TUNED!

If you have any questions, please feel free to contact Stacy, Barb, or Ashley at our team email at: benefits@Minnbankers.com