NY State Paid Family Leave Updates for 2020

On Friday, August 30, the New York State Department of Financial Services announced an updated employee contribution rate for NY Paid Family Leave benefits effective January 1, 2020. With a rate increase from 0.153% to 0.270% and an increase of the NY State Average Weekly Wage from $1,357.11 to $1,401.17, the new maximum employee annual…
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