New Jersey released the 2024 contribution rates for its family-leave and temporary disability insurance programs on the Labor and Workforce Development Department website.
The family-leave insurance rate for 2024 will be 0.09%, up from 0.06% in 2023, according to the department. The taxable wage base for the program will increase to $161,400 from $156,800.
The family-leave insurance program is funded through payroll deductions, not employer contributions. The maximum worker contribution for 2024 is $145.26, according to the department.
The contribution rate for the temporary disability insurance program in 2024 will range from 0.1% to 0.75%, unchanged from 2023, according ...
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