New York’s state-wide paid family leave benefit program was fully implemented in 2021.As a reminder, the paid family leave law provides up to 12 weeks of paid time off for baby bonding, to care for a family member, or military exigency. Paid family leave may also be available in some situations when an employee or their minor, dependent child is under an order of quarantine or isolation due to COVID-19.

The paid family leave benefit is fully funded by employees through a payroll deduction. At its discretion, the employer can choose to pay all or a portion of the cost of the program.

Below are the contribution and benefit amounts for 2024:

• The contribution amount decreases to 0.373% from 0.455% in 2023 of an employee’s gross wages each pay period, with a maximum annual contribution cap of $333.25 ($399.43 for 2023).
• The benefit amount will remain the same as 2023 at 67% of an individual’s average weekly wage, up to a cap of 67% of the current statewide average weekly wage amount. The maximum weekly benefit is $1,151.16 ($1,131.08 for 2023).

Employer Resources. The DFS provides updated materials and templates to assist employers in communicating these updates to their workforce, including:

• PFL At-A-Glance
• Model Language for Employee Materials (updated for 2024)
• Employee Notice of Paid Family Leave Payroll Deduction for 2024
• Statement of Rights for Paid Family Leave (PFL-271S)

Additional information about the New York Paid Family Leave Program is available on the state’s dedicated webpage.

The information contained in this Benefit Beat is not intended to be legal, accounting, or other professional advice, nor are these comments directed to specific situations. This information is provided as general guidance and may be affected by changes in law or regulation. This information is not intended to replace or substitute for accounting or other professional advice. You must consult your own attorney or tax advisor for assistance in specific situations. This information is provided as-is, with no warranties of any kind. CBIZ shall not be liable for any damages whatsoever in connection with its use and assumes no obligation to inform the reader of any changes in laws or other factors that could affect the information contained herein.