New York Paid Family Leave Resource Center
The DBL Center team is working remotely and diligently to provide our customers with up-to-date information regarding New York Paid Family Leave during the coronavirus pandemic. Below are several downloadable resources for your reference and suitable to share with customers.
Do not hesitate to reach out with any questions or concerns via phone, email, or our online Chat function. You can also contact firstname.lastname@example.org to schedule your free remote WebEx demo of our Broker Dashboard, giving you access to your DBL/PFL accounts and more from any internet-enabled device.
Stay safe and stay healthy through this challenging time and remember, The DBL Center family is here to continue providing you with the white-glove service you have come to expect.
COVID-19 Coronavirus Pandemic Resources
Paid Family Leave is a new benefit in New York, active now with coverage limits increasing incrementally through 2021.
As your white glove wholesale insurance provider, The DBL Center has set up this Paid Family Leave Resource Center to answer all your questions about PFL – all in one place.
Scroll down to the end to find our handy PFL calculator to check how much PFL coverage will cost your employees. It’s less than you may think!
Table of Contents
- 2021 Statutory Disability and Paid Family Leave Plans (PDF)
- PFL Requires a Knowledgeable Insurance Broker
- Phasing In Paid Family Leave Through 2021
- DBL Brokers Can Lead the Way
- Only Available from Select Carriers
- Enrich DBL Coverage At the Same Time
- Be the Guide Your Clients Need for Family Leave
- PFL Forms & Documents
- Paid Family Leave Calculator
- Paid Family Leave Q&A Video with DBL’s Michael Cohen
- Informational DBL Powerpoint slides on Paid Family Leave
- Company Census for PFL Coverage
- PFL Blog Posts
PFL Requires a Knowledgeable Insurance 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.
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 2021, the max benefit average weekly wage annualized is $74,509.00 which equals a maximum annual premium contribution of $385.34. Wages are no longer taken with a weekly max. If someone is making $3000 a week it is $3000 x $.00511 – $4.59 weekly deduction until they max out at $74,509.00. Then they stop paying for the year.
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.
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.
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
PFL Forms & Documents
- 2020 Statutory Disability and Paid Family Leave Plans
- PFL Waiver – Employee Opt-Out of Paid Family Leave Benefits
- Claim Forms
- NY State New Paid Family Leave Tax Implications – NY Department of Taxation & Finance
- DBL vs PFL – Explanation of how DBL & PFL are both related and different
- PFL Overview for Brokers
Paid Family Leave Calculator (2021 Rates)
|Employee Wage and Contribution Estimates|
Paid Family Leave Q&A Video with DBL’s Michael Cohen
Informational DBL Powerpoint slides on Paid Family Leave
Do You Need a Company Census for PFL Coverage?
AmTrust now requires its DBL customers to complete a company census online in order to purchase PFL coverage.
Learn how to complete the census by downloading the Census Creation Guide.
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?