With just days left in the 2024 legislative session, the New York State Assembly and Senate are moving legislation that would drastically increase short-term disability benefits. The proposal expands benefits from the current cap of $170 per week to nearly $1,200, with employers being responsible for 60% of the insurance premiums once the bill is fully phased in.
This is an abhorrent cost increase on New York businesses struggling with an average $400 per employee increase in Unemployment Insurance taxes since 2020, inflating costs, a diminishing workforce, rising energy costs, and governmental regulations. Tell lawmakers to OPPOSE this substantial 600% increase!
