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News & Thought Leadership

2019 New York Paid Family Leave (PFL) Rate Announced

On April 4, 2016 Governor Andrew Cuomo signed a new Paid Family Leave program law that is the most comprehensive paid family leave program in the country. The second year of the program will commence on January 1,2019 which will see an increase of benefits.The Department of Financial Services (DFS) has announced the NY PFL rate for 2019 as follows:

  • The maximum contribution rate for PFL will go from 0.126% to 0.153%of the employee’s gross annualized wages capped at the New York State Average Weekly Wage (NYSAWW) of $70,569.72 per year (as of March 31, 2018).
  • This means the 2019 maximum annual contribution per employee for PFL is $107.97.
  • The announcement has also confirmed an increase in maximum benefits for 2019 to 55% of the New York State Average Weekly Wage, up from 50% in 2018. The rate increase noted above takes into consideration this increase in benefits. 

Download the PDF from the NY DFS to learn more.  Feel free to contact us with any questions or concerns.

 

 

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Arthur Grutt