November 2024

 

New York announces 2023 paid family leave employee contribution limits

10/06/22

[EasyDNNnewsLocalizedText:Author]: ADP Admin/Wednesday, October 5, 2022/[EasyDNNnewsLocalizedText:Categories]: [EasyDNNnews:Categories]

On Sept. 2, 2022, New York announced the 2023 contribution rates for the state’s Paid Family Leave program.

Background:

As of January 2018, New York's Paid Family Leave (PFL) program provides workers with up to 12 weeks of job-protected, paid leave to bond with a new child, care for a loved one with a serious health condition or help with military exigencies. PFL is funded through employee payroll deductions.

Details:

Effective January 1, 2023:

  • The employee contribution rate will be 0.455% of an employee’s weekly wage.
  • The annual maximum contribution limit will be $399.43 for each employee.
  • Employees utilizing PFL benefits will receive 67%  of their average weekly wage, up to a cap of 67%  of the State Average Weekly Wage (NYSAWW) of $1,688.19.   
  • The maximum weekly benefit for 2023 will be $1,131.08.  
  • Employees earning less than the NYSAWW will contribute less than the annual cap of $399.43, consistent with their actual wages.

In its announcement, New York also released a calculator (link below) as a tool for employees to use to view an estimate of their required deduction.

https://paidfamilyleave.ny.gov/paid-family-leave-calculator2023

Next Steps:

Effective January 1, 2023, New York employers should begin to withhold from its employees’ wages the amounts noted above and remit in accordance with the PFL regulations.  

Have Questions?

Please contact your dedicated service professional with any questions.  

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