Aug. 22, 2017
August 22, 2017 – Paid Family Leave (PFL) is coming to New York in four short months. Effective January 1, 2018, full-time employees at privately-held companies in New York will be able to take partially-paid time off to bond with a new child, care for a seriously-ill family member, or support a family member in the Armed Forces. In the first year (2018) of PFL, eligible employees may take up to eight...
Aug. 10, 2017
August 10, 2017 – Following the common, literal interpretation of the “Premium Rate Decision” document, you might be inclined to assume that neither rates nor withholdings could exceed $1.65 per week, right? Wrong! As we have published all along, PFL was intended to work with...
Aug. 8, 2017
August 8, 2017 – Effective January 1, 2018, Paid Family Leave (PFL) becomes a mandatory benefit in New York and will be implemented as a rider to our Policyholder’s statutory short-term disability (DBL) policy – unless they self-fund or are exempt. Rest assured, all ShelterPoint policyholders with DBL contracts that are required to include PFL will automatically receive a PFL rider. We will be mailing the PFL riders to ...
Jun. 28, 2017
*Press Release* June 28, 2017 – ShelterPoint Life Insurance Company has created an expert educational panel with SHRM-LI that will discuss the impact of New York State’s Paid Family Leave (PFL) mandate on employers, employees and the business community. The discussion, titled, “What is Paid Family Leave (PFL)? What does it mean for employers and employees?” will take place Wednesday, July 12, 2017.
Jun. 20, 2017
June 20, 2017 – With NY's Paid Family Leave rates out and July 1 approaching rapidly, questions about early payroll deductions have been heating up – along with the common misperception that deductions are mandatory. Read our top questions here for the full scoop to help you prepare: