On Sept 1st, the New York Department of Financial Services published the new premium rate for Paid Family Leave benefits for the calendar year 2021. This marks the 4th and final year of the phase-in period of Paid Family Leave Benefits in New York.
Please see the updated rates and benefit chart below:
NEW 2021
Premium Deduction Rate .511%
Maximum Annual Contribution Cap $385.34
Benefit Percentage 67%
Maximum Benefit Duration 12 weeks
Maximum Weekly Benefit $971.61
More information can be found HERE