Paid Leave and Disability / PFL Expansion - COVID-19 Guide

Disclosure – This information is supplied to inform our clients.  However, the exact terms of loans are determined solely by the lender(s).  Krina Douramanis can make no representation as to the accuracy or completeness of any information contained herein. 

NEW YORK STATE GUIDELINES

New York Paid family leave law bill signed on March 18, 2020. The new law protects New Yorkers by making sure they continue to get paid while they are quarantined because of the disease. To learn more about New York’s new paid family leave law please see attached. (QS31418) 

Standard Security Life Ins Co has posted information regarding the eligibility questions and how to file a claim for either Disability or Paid Family Leave.  

UNITED STATES FEDERAL GUIDELINES

What is the Families First Coronavirus Response Act (FFCRA)?

The Families First Coronavirus Response Act (FFCRA) requires businesses with fewer than 500 employees to provide employees with paid leave, either for the employee's own health needs related to COVID-19 or to care for family members impacted by COVID-19.

•The FFCRA mandates covered employers to provide two types of emergency leave, Emergency Paid Sick Leave and Emergency Family and Medical Leave, both of which are available to eligible employees as of April 1, 2020, and through December 31, 2020.

•All qualifying wages paid out under the FFCRA to employees on emergency leave are eligible for reimbursement on a dollar-for-dollar basis through new tax credits created by the law.

•Employers should keep in mind that the FFCRA is a federal law; state and local leave requirements may apply as well.

What are the different types of leave under the FFCRA and who’s eligible?

See attached PDF for a guide to who’s eligible for Emergency Paid Sick Leave and Emergency Family and Medical Leave under the FFCRA, as well as how each type of leave works.