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PAID FAMILY LEAVE [6/26/2017]

New York's Paid Family Leave Benefit Law ("PFL") will take effect on January 1, 2018. Private employers with at least one employee will be required to provide PFL coverage to its eligible employees. This coverage provides partial wage replacement to employees for time off to help them bond with a child, care for a close relative with a serious health condition, or help relieve family pressures when someone is called to active military service.  Employees are guaranteed the ability to return to their job and continue their health insurance. The premium for PFL will be fully funded by employee contributions.  These deductions will begin on July 1st, 2017. The New York Department of Financial Services has determined that the premium rate for employee contribution will be 0.126% of an employee's weekly wage up to and not to exceed $1.65.If you wish to learn more about this required benefit please visit www.ny.gov/programs/new-york-state-paid-family-leave.  If you have any questions, please contact us at 793-9825. 



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