Effective date
50% |
8 weeks |
|
55% |
10 weeks |
|
60% |
10 weeks |
|
67% |
12 weeks |
The state-mandated community rate (0.511% of employees’ average weekly wage to a maximum of the statewide average weekly salary) will be added as a separate line item on Disability Benefits Law billing. Since the PFL benefit is designed to be 100% employee-funded, premium contributions may be deducted from employees’ pay checks. However, employers have the option to pay the premium themselves rather than take contributions from their employees. For more information click here.
For more information on New York PFL visit:
New York Life Group Benefit Solutions products and services are provided by Life Insurance Company of North America, New York Life Group Insurance Company of NY and New York Life Insurance and Annuity Corporation, subsidiaries of New York Life Insurance Company.
Life Insurance Company of North America is not licensed in New York and does not conduct insurance business in New York.