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New York Paid Family Leave Benefit Level and Premium Rate Increases Announced for 2020

Just in time for Labor Day weekend, the New York State Department of Financial Services (DFS) released its Paid Family Leave (PFL) employee premium rate and benefit level increase information for 2020.

(Drum roll, please … .)

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Paid Family Leave Benefits are Taxable (and other news)

For more than two years now, we’ve spoken and presented to various groups on New York’s Paid Family Leave Benefits Law (PFL), dozens, and dozens, and dozens of times. Like clockwork, one of the curious attendees would always ask whether PFL benefit payments would be taxable and whether PFL employee contributions would be pre- or post-tax deductions. Each time, we’d be forced to answer something along the lines of, “we don’t know yet— reasonable minds can disagree, and we are waiting on promised guidance on this from the state.” Well, throw that old answer out; we now know! The answers are the seemingly incongruous “taxable” and “post-tax.”

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Final Paid Family Leave Rules Issued in New York

With less than six months until the roll out of Paid Family Leave (PFL) in New York, the Workers Compensation Board (WCB) has released the final rules implementing the PFL Benefits Law. 

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Paid Family Leave Employee Contribution Rate for 2018 Published

The Department of Financial Services (DFS) has issued a much-anticipated document setting the maximum employee contribution to pay for New York Paid Family Leave (PFL) at 0.126% of an employee’s weekly wage, up to the statewide average weekly wage.  With a current average weekly wage of $1,305.92, this means that employee contributions will initially be capped at $1.65 per week.

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Workers Compensation Board Issues Proposed New York Paid Family Leave Rules, Take Two

Back in February, proposed regulations for New York’s Paid Family Leave Benefits Law were issued by the Workers Compensation Board (WCB). Today, the WCB released a revised set of proposed regulations containing some minor and a few substantial changes.

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