EP NowStoreAcademySupportProduction LotProducts by Country
Legal & Compliance Home

New York Paid Family Leave Paycheck Deductions and Benefits Rise

In 2020, the deduction rate increases from the 2019 rate of 0.153 percent of gross wages up to an annual maximum of $107.97 to 0.271 percent of gross wages up to an annual maximum of $196.72.
February 19, 2020
New York Paid Family Leave Paycheck Deductions and Benefits Rise

New York Paid Family Leave Paycheck Deductions and Benefits Rise

New York Paid Family Leave (NYPFL) is funded solely by employee paycheck deductions. In 2020, the deduction rate increases from the 2019 rate of 0.153% of gross wages up to an annual maximum of $107.97 to 0.271% of gross wages up to an annual maximum of $196.72. The NYPFL benefit payable to a qualified employee from the employer’s NYPFL disability insurance carrier also rises in 2020 from 55% to 60% of the employee’s average wages capped at 60% of the state average weekly wage for up to 10 weeks, which translates to a maximum weekly benefit of approximately $840.70.

Related Content

Bloomberg tax logo-Newsroom-Thumbnail

NY Budget Plan Boosts Film Tax Credits to $800 Million

3/28/2025
New York lawmakers are backing a budget proposal by Gov. Kathy Hochul (D) to create $100 million in film...
More
EP Tax Alert: White text over a blue background reading BCR tax implemented for New York and California effective January 1, 2025

Benefit Cost Rate (BCR) Tax Implemented for New York and California Effective: January 1, 2025

2/28/2025
An additional Federal Unemployment Insurance (FUI) tax called the BCR will apply for employees in New York...
Topic: Alerts
More

Payroll & Finances

PayrollResidualsSmartStartSmartTimeEP On LocationSmartAccountingEP LiveSmartPOCASHétPayPaymaster Rate GuideEP ResidencyMoneypenny

Manage Multiple Productions

AssetHubSmartHub

Additional Services

Academy
Subscribe now

Be an industry insider with EP's
newsletters and alerts

LegalPrivacy NoticeSecurity
© 2025 Entertainment Partners. All rights reserved.