Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

N.Y. governor signs bill increasing minimum weekly comp benefit

Reprints
comp

New York Gov. Kathy Hochul on Wednesday signed a bill that increases the minimum weekly workers compensation benefit over a three-year period.

Ms. Hochul signed S1161/A2034, which will increase the minimum weekly permanent partial disability and temporary partial disability to $275 in 2024. The minimum weekly benefit, last increased in May 2013, is currently $150.

The bill will increase the minimum benefit to $325 in 2025. 

Starting in 2026, both measures will index the minimum weekly benefit to the state’s average weekly wage — the same metric used to adjust the maximum benefit. The bill sets the minimum weekly benefit at one-fifth the average wage. If a person earns less than that, he or she would receive full wages as compensation for a covered injury.

Mario Cilento, president of the New York State AFL-CIO, said in a statement that in addition to providing a much-needed increase in work comp benefits, the indexing minimum benefits to the average wage will result in “injured workers being treated more fairly moving forward.”

WorkCompCentral is a sister publication of Business Insurance. More stories here.