Paid Family Leave is Coming to New York!
Paid Family Leave (PFL) is becoming a reality for New Yorkers. As you may have heard the 2016-2017 NYS Budget includes legislation enabling the richest Paid Family leave in the nation. Here's what you need to know.....
Paid Family Leave will become effective January 1, 2018 and applies to all private sector employers with at least 1 employee. Employees will be eligible for paid time off to care for a new child or sick family member. This is a mandatory coverage and benefit that all New York State employers will need to provide.
You will start seeing the charge for PFL on your September NYS Disability bill. We do not know the cost yet. The cost will be set by New York State and will be a uniform rate used by all disability carriers. We expect to know the cost by June.
As more details are relased we will share the information with you.