How does the NY FLI calculation work?

New York Paid Family Leave is an insurance program funded by employees. You withhold employee contributions via payroll deductions, up to a maximum annual amount. Then those withholdings are used to pay for the insurance.

For 2020, employers deduct 0.270% of employees' gross wages in each payroll.  The maximum annual contribution is $196.72 per the NY Department of Taxation and Finance.