[paragraphspace]
What is the New York Paid Family Leave Rate for 2027?
Monday, August 31, 2026, the New York Department of Financial Services (DFS) announced that the maximum contribution rate for Paid Family Leave for 2027 will change from 0.432% to 0.452% of an employee’s gross annualized wages, capped at $99,957.00*, which is the updated annualized New York State Average Weekly Wage for 2027 (learn more about the NYSAWW here).
This means that the maximum annual premium contribution that an employer can withhold will be $451.81 per employee – up from $411.91 this year.
Where can I find the 2027 NY Paid Family Leave official announcement?
The NY DFS official announcement can be found here.
SIGN-UP Now to stay in the know on the latest NY PFL news!
*Usually released on or about March 31 each year
This material is for informational purposes only; it is not intended to provide legal counsel or advice. Please consult with an appropriate professional for legal, compliance, HR, tax, or any other specific advice.
Any Paid Family Leave (PFL) information is based on the applicable statutes and regulations, and may change as regulations evolve or NY State issues guidance regarding PFL law and regulations. In the event of conflicting information with the policy and/or rider(s), the policy and/or rider(s) will take precedence over what is shown in this material. Policies are governed by Article 9 of the New York Workers’ Compensation Law (New York Disability Benefits and Paid Family Leave Benefits Law). All DBL/PFL policies are New York-only products and are underwritten by ShelterPoint Life Insurance Company, a NY-domiciled carrier (principal office: Garden City, NY).