What Is The Nys Pfl Rate For 2024

What Is The Nys Pfl Rate For 2024. If you are eligible for paid family leave, you pay for these benefits through a small payroll deduction equal to 0.373% of your gross wages each pay period. The new york state department of financial services has announced the contribution rate under the new york paid family leave (“pfl”) law effective january 1, 2024, will be set.


What Is The Nys Pfl Rate For 2024

The 2024 maximum contribution rate for paid family leave (pfl) is 0.373% of the employee’s annualized wages capped at the annualized new york state average. Generally, your aww is the average of your last eight weeks of pay prior to starting paid family leave, including bonuses and commissions.

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