For 2025, per the Department of Financial Services, the PFL payroll contribution rate will be 0.388% of an employee's weekly wage and is capped at an annual maximum of $354.53. Employees earning less than the New York State Average Weekly Wage ($1,757.19 per week) will have an annual contribution amount less than the cap of $354.53, consistent with their actual weekly wages.
Please note: Due to scheduled maintenance, NYSIF's payment services will not be available on Sunday, January 19, 2025 from 12:00 a.m. to 8:00 a.m. We apologize for any inconvenience.
NYSIF remains guided by its mission of guaranteeing the availability of worker’s compensation and disability insurance to New York State employers and employees. Achieving that mission in light of climate change now requires ensuring the long-term security of our investment portfolio through aggressive net zero action. As an insurer and asset owner, NYSIF is uniquely positioned to decarbonize investments, finance green solutions, and collaborate with business partners to drive positive change in the communities where we work.
New York State Agencies: Advancing the Sustainability Conversation
ESG Investing: Impact on the Real Economy
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New York State has set an ambitious goal of net-zero emissions by 2040. Hear how state agencies, including NYSIF, DEC and NYPA, plan to get there. (12/9/24)
Is the estimated $8.4 trillion of ESG investment assets having a measurable impact on climate change and the overall economy? Panelists included experts from Nuveen and the Ford Foundation. (6/8/23)
New Market Opportunities
Climate Action Panel
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This panel discusses how emerging markets and climate change are creating opportunities for investors. (2/23/23)
This panel of global investors included professionals from NYSIF, the Rockefeller Foundation & UPenn, J.O. Hambro Capital Management and One Concern. (1/19/23)
