518-373-4111
What is New York Paid Family Leave?
New York paid family leave provides eligible employees up to 12 weeks of job-protected, paid time off to bond with a new child, care for a family member with a serious health condition, or handle personal matters when a family member is deployed abroad on active military service.
Paid family leave is also available in some situations when an employee or their minor, dependent child is under an order of quarantine or isolation due to COVID-19.
Employees taking paid family leave receive 67 percent of their average weekly wage, up to a cap of 67 percent of the current statewide average weekly wage (SAWW). For 2022, the SAWW is $1,594.57.
2022 New York Paid Family Leave Rate for Employee Contribution Unchanged; Maximum Contribution and Benefit to Increase
New York state’s Department of Financial Services has released the paid family leave employee contribution rate for 2022. In addition, the 2022 maximum benefit amount is now available.
2022 NY PFL Contribution and Benefit Rates
New York paid family leave is funded completely through employee contributions. The contribution rate beginning January 1, 2022, has been set at the same level as calendar year 2021: 0.506 percent, plus a risk adjustment of 0.005 percent, for a total of 0.511 percent of an employee’s wages each pay period. The annual maximum employee contribution is $423.71 for 2022 (up from $385.34 in 2021).
In addition, the maximum weekly benefit amount for paid family leave in 2022 will be $1,068.36 – a $96.75 increase over the 2021 amount.
Looking for an easy way to manage changes to employee benefits? Having all data in one location saves time and simplifies operations. That’s what you get with isolved, GTM’s payroll and HR platform. Request a free quote to learn more.
