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New York State has raised the maximum weekly unemployment insurance benefit by almost 73%, increasing it from $504 per week to $869 per week. According to the New York Department of Labor (NY DOL), benefits will increase immediately. 77% of benefit recipients will receive the new maximum, while another 28% of current recipients will see […]
New York has officially joined the growing list of states requiring certain private employers to offer retirement savings options. Secure Choice is a state-sponsored retirement savings program structured as an automatic-enrollment Roth IRA. An employer will be covered under Secure Choice if it: ・Has 10 or more employees in New York at all times during the […]
For many in Japan, the United States is often associated with two iconic cities: New York and Los Angeles. Renowned as global cultural and economic hubs, these cities hold a unique appeal and influence. Similarly, Tokyo serves as an unparalleled megacity, embodying Japan’s identity and international prominence. Among many Japanese individuals, New York is regarded […]
Beginning on January 1, 2025, the states Workers’ Compensation Law will permit all workers to file claims for mental injury premised upon “extraordinary work-related stress”. Similar to physical injuries, the question of whether a causal relationship exists between a work activity and the mental injury is an issue of fact for the Workers’ Compensation Board […]
Effective January 1, 2025, the employee contribution rate and benefit amounts under the New York Paid Family Leave Law (NYPFL) will change as follows: 1) The contribution rate will be 0.388% of an employee’s gross wages per pay period, for a maximum annual contribution of $354.53; and 2) The maximum weekly benefit amount will be $1,177.32 […]