{"id":2706,"date":"2025-01-06T06:25:12","date_gmt":"2025-01-06T11:25:12","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/nycpolitics\/?p=2706"},"modified":"2025-01-06T06:25:12","modified_gmt":"2025-01-06T11:25:12","slug":"governor-hochul-announces-increased-benefits-for-workers-compensation-and-paid-family-leave","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/nycpolitics\/governor-hochul-announces-increased-benefits-for-workers-compensation-and-paid-family-leave\/","title":{"rendered":"Governor Hochul Announces Increased Benefits for Workers&#8217; Compensation and Paid Family Leave"},"content":{"rendered":"<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"b9fd0864-0b97-45bc-a8a2-cccae8c57c80\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>New York Governor Kathy Hochul announced increases in workers\u2019 compensation and Paid Family Leave benefits. As of Jan.1, 2025, workers can receive up to $14,127.84 in total benefits, a $300 increase from 2024.<\/p>\n<p>Weekly benefits will also increase to 67% of an employee\u2019s average weekly wage, capped at $1,177.32 per week, based on the updated state average weekly wage of $1,757.19, according to a press release.<\/p>\n<p>Employees eligible for up to 12 weeks of job-protected Paid Family Leave will contribute 0.388% of their gross wages to fund the program, with a maximum annual contribution of $354.53.<\/p>\n<p>\u201cHardworking New Yorkers shouldn\u2019t have to worry about how they\u2019ll buy food or pay rent when they need time off to care for a new child or family member with a serious health condition, or get injured on the job. Likewise, business owners who have their own bills to pay and families to support also need affordable solutions,\u201d Hochul said.<\/p>\n<p>Workers injured on the job will also see increased financial support of $325, up from $275 in 2024. These changes follow\u00a0legislation signed by Hochul in September 2023, marking a significant increase from the $150 minimum benefit that had been in place for more than a decade prior to 2024.<\/p>\n<p>Starting July 2026, the minimum benefit will be indexed to the state average weekly wage to ensure ongoing equity for workers.<\/p>\n<p>Employers will benefit from a 22% reduction in the workers\u2019 compensation assessment rate, which will drop to 7.1% of the standard premium in 2025. This change is expected to save New York businesses an estimated $191 million.<\/p>\n<p>The rate has steadily decreased since 2019, when it stood at 12.6%.<\/p>\n<p>New York State AFL-CIO President Mario Cilento praised Hochul for prioritizing workers&#8217; needs.<\/p>\n<p>&#8220;Thanks to historic legislation passed by the Legislature and enacted by Governor Hochul last year, the minimum workers&#8217; compensation benefit will be increased and indexed so wage replacement benefits for injured workers will never stagnate,&#8221; he said. &#8220;Increasing these benefits and lowering assessments shows that our workers&#8217; compensation system can better protect workers while reducing employer costs.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York Governor Kathy Hochul announced increases in workers\u2019 compensation and Paid Family Leave benefits. As of Jan.1, 2025, workers can receive up to $14,127.84 in total benefits, a $300 [&hellip;]<\/p>\n","protected":false},"author":5888,"featured_media":2678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[12,21,65],"tags":[],"class_list":["post-2706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-council","category-governor","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Governor Hochul Announces Increased Benefits for Workers&#039; Compensation and Paid Family Leave - NYC Political News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nycnewsnetwork.com\/nycpolitics\/governor-hochul-announces-increased-benefits-for-workers-compensation-and-paid-family-leave\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Governor Hochul Announces Increased Benefits for Workers&#039; Compensation and Paid Family Leave\" \/>\n<meta property=\"og:description\" content=\"New York Governor Kathy Hochul announced increases in workers\u2019 compensation and Paid Family Leave benefits. 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