Women employees will now be able to get paid maternity leave of 26 weeks, up from 12 weeks, as per a new law.
"Our plan will bring relief to working and middle class families.
Every establishment will intimate in writing and electronically to every woman at the time of her initial appointment regarding every benefit available under the new law, the statute says.
An employer can also permit a woman to work from home after she has availed maternity leave.“In case where the nature of work assigned to a woman is of such nature that she may work from home, the employer may allow her to do so after availing of the maternity benefit for such period and on such conditions as the employer and the woman may mutually agree,” it says.
The intent of this amendment, which is set forth in Assembly Bill 2833 (“AB 2833”),  is to create greater transparency into the fees and expenses that California Plans pay with respect to their investments in private funds.
AB 2833 coincides with the Securities and Exchange Commission’s focus on fee and expense disclosure by private equity funds and recent enforcement actions regarding such disclosure.