LIPP will provide assistance during a parental leave of up to six months regardless of whether the leave is approved by an employer or the participant is returning to the same position or employer after the leave. LIPP eligibility will be calculated as if the graduate were working full-time during this period of time and using the average of the two full-time equivalent incomes surrounding the leave.
LIPP also covers part-time work after having children. This policy applies only to parents of children not yet of age to enter ninth grade and part-time work must be at least half time. For purposes of eligibility and contribution rates, the full-time salary equivalent is considered.
Participants interested in taking advantage of these policies will have to submit the Parental/Part-Time Leave Employer Certification Form and Parental Information Sheet with each application.
*The above policy becomes effective January 1, 2019. For the current policy please refer to the 2017-2018 LIPP Program Guidelines.