THIS JUST IN! The NYS PFL premium rate for 2023 will be: .00455

PLEASE ALSO NOTE: The NYS Average Weekly Wage (NYSAWW) for 2021 is: $1,688.19

Therefore, the following PFL calculations will be used for calendar year 2023:

$1,131.08 maximum weekly benefit payout (67% x $1,688.19)

$87,786 maximum covered wage per employee (52 weeks x $1,688.19)

The maximum annual contribution per employee will be $399.43 ($87,786 x .00455)

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Standard Security Life has provided disability insurance for close to 65 years, covering nearly 70,000 employers and insuring over 800,000 lives. With one of the lowest sets of per capita DBL rates in the industry and a management team averaging 25+ years of experience, we have you covered.