If you live in NYC or surrounding areas, you may have heard about the new law allowing residents to obtain paid leave and job protection following the birth of a child or caring for a sick family member. However, as FairyGodBoss explains, there are a few things that you should know before running to HR:
Paid Family Leave (PFL) only covers a fraction of your income. Currently, the maximum payable is a percentage of your income up to $764 for 2019.
The maximum amount of leave is 10 weeks for each parent for 2019, and will go up to 12 weeks in 2021. You don’t have to take each week consecutively, but they must be used within the child’s first year of life.
Only the mother or father are able to take benefits from PFL.
You will continue to be covered by your employer’s insurance as long as you and your employer continue to pay into your health insurance while you are on leave.
You have to give employers 30-Day notice.
If you are self-employed you may be entitled to some benefits that are displayed on the NY PFL website .
The US has a long way to go on the road to comprehensive paid leave (we are the only developed country that doesn’t have a national mandate for paid parental leave), but this is a great start!