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CT Paid Leave Authority reviews five‑year expenses as benefits top $445 million
Summary
Authority staff presented a five‑year historical review showing operating expenses at roughly $37–$39 million while benefits paid rose to more than $445 million; staff said expense share has declined and highlighted major categories including benefit administrative fees, payroll, outreach and IT.
The Connecticut Paid Leave Authority reviewed its five‑year expense trends on Oct. 9, presenting data that show operating expenses running roughly $37 million to $39 million while benefit payments have climbed to more than $445,000,000.
David "Dave" Salazar Austin, who led the finance review, told the board the proportion of expenses to total outlays has fallen—from about 22.7% in fiscal year 2022 (a partial year of benefits) to around 8% in the most recent year—because benefits have grown faster than administrative costs. He identified the largest administrative categories as benefit administrative fees paid to Aflac, authority administrative fees, payroll, contact…
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