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CALPTFUND Ride for Research Release WAIVER OF LIABILITY AND HOLD HARMLESS AGREEMENT1. In consideration for receiving permission to participate in the Ride for Research (hereinafter referred to as
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cal-pt-fund stands for California Paid Family Leave Insurance, which provides partial wage replacement to eligible workers who take time off work to bond with a new child or care for a seriously ill family member.
Employers in California are required to participate in the Cal-PT-Fund program and may be required to deduct contributions from their employees' paychecks.
Employers can fill out cal-pt-fund by keeping accurate records of employee contributions and submitting them to the California Employment Development Department.
The purpose of cal-pt-fund is to provide financial support to employees who need time off work for family bonding or caregiving responsibilities.
Employers must report employee contributions, hours worked, and any leaves taken under the Cal-PT-Fund program.
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