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Welcome to the New York State Insurance Fund
The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York Workers' Compensation Law. The Fund's mission is to guarantee the availability of workers' compensation insurance at the lowest possible cost to employers while maintaining a solvent fund, as well as provide timely and appropriate indemnity and medical payments to injured workers. NYSIF is a self-supporting insurance carrier that competes with private insurers in both the workers' compensation and disability benefits markets in New York State.
NEWS & MEDIA
Paid Family Leave Begins January 1, 2018
May 4, 2017Governor Cuomo last year signed into law a Paid Family Leave Program that will provide New Yorkers job-protected, paid leave to bond with a new child, care for a loved one with a serious health condition or help relieve family pressures when someone is called to active military service. Funded through employee payroll deduction, PFL will be added to NYSIF disability benefits policies effective January 1, 2018.
NYSIF Announces Expanded PAYGO Eligibility
May 4, 2017NYSIF announced expanded eligibility of its pay-as-you-go premium payment plan, NYSIF PAYGO, by eliminating its premium thresholds. Previously available only to policyholders with an annual premium below $250,000, NYSIF PAYGO is now available to the majority of NYSIF policyholders, regardless of premium size. Only contracting policies maintain a minimum threshold of $2,000 in annual premium.
2nd Quarter 2017 Workers' Comp Advisor
April 18, 2017Read now or click More News for a printable copy.
