New York Paid Family Leave

New Family Leave Benefit Requires a Knowledgeable Broker

New York State broke new ground and set trends in 2017 when it announced the most generous and comprehensive Paid Family Leave policy available in any of the 50 states.

Written as a rider to New York State DBL (Disability Benefits Law) coverage, Paid Family Leave provides paid leave and job security to employees:

  • Who have a newborn, adopted or foster care child within the first 12 months of the event
  • Caring for a seriously ill family member
  • With a deployed spouse in the military

Phasing In Paid Family Leave Through 2021

The benefits package far exceeds DBL payouts. PFL will be phased in through 2021, eventually reaching 67 percent of an employee’s Average Weekly Wage. In 2017, the New York maximum AWW is $1305.92 — substantially more than DBL coverage offers, which tops out at 50 percent of an employee’s AWW up to $170/week.

Paid Family Leave is an employer-sponsored benefit. Employers collect funding for family leave gradually through payroll deductions over the course of the year. Collecting these premiums from payroll early alleviates some of the upfront financial burden on the employer. In 2018, the maximum allowable deduction will be 0.126 of the employee’s average weekly wage, up to $1.65 per week.

DBL Brokers Can Lead the Way

Paid Family Leave differs from DBL coverage in a number of other important ways, too. Employers are likely to look to their insurance brokers to help them navigate the specifics of these important, mandatory employee benefits.

Since the announcement of PFL coverage in February 2017, The DBL Center has been in front of the news. From live seminars to webinars, videos and blog posts, we have provided our brokers with the information they need to share with HR directors and company owners.

PFL affects companies of every size. It’s crucial for small business owners to understand what’s required and have a broker they trust to ensure they are in compliance with family leave laws.

Only Available from Select Carriers

Even though paid family leave coverage is a mandatory benefit, not every insurance carrier serving New York State has agreed to write this rider.

The DBL Center works with top carriers for PFL insurance so our brokers can increase their commissions with very little effort.

Enrich DBL Coverage At the Same Time

Commission on PFL coverage represents “found money” on a mandatory benefit for brokers. But companies should also consider enriching DBL benefits at the same time. Most states, including California, that provide paid family leave coverage offer comparable disability insurance coverage.

Employers should be able to offer their employees, whether they are taking care of themselves or a loved one, a fair, living wage. In New York, enriched DBL is the solution.

Be the Guide Your Clients Need for Family Leave

PFL coverage is new in New York. Employers and employees, alike, still have questions. The DBL Center is here to provide our usual white-glove, white-label service, enabling our brokers to guide their customers and easily issue DBL policies with Paid Family Leave riders.

Our team of insurance professionals acts as your expertly trained back-office staff to ensure customer satisfaction, fast commission checks, and service that exceeds your expectations on every level.

Learn More About Paid Family Leave from the DBL Center Now

Paid Family Leave Calculator

Employee Wage and Contribution Estimates

Interested in reading more about PFL? Check out our latest PFL blog posts:

7 Important Ways PFL Differs from DBL Insurance
Ready to Write Enriched DBL? Three Ways We Can Help
In the Winds of Change, DBL Center Brokers Prevail
Paid Family Leave Makes DBL Insurance “Relevant Again”
Brokers: Are Your NYS DBL Customers in Compliance with PFL?
FMLA vs PFL: What’s the Difference?