This Law Firm Publication by Jackson Lewis P.C. addresses New York's new Paid Family Leave Benefits Law (PFL), which was enacted when Governor Andrew Cuomo signed the New York State's 2016-2017 Budget. The PFL, which becomes effective on January 1, 2018, entitles employees to receive paid family leave benefits for eight weeks at the lesser of 50% of the employee's average weekly salary or 50% of the state average weekly salary. This amount increases annually to 12 weeks at 67% of the employee's weekly or state average weekly salary by 2021. The PFL will be funded through employee payroll contributions. Employees who have worked 26 consecutive weeks in a 52 week calendar year will be eligible for a leave of absence from work if: the absence involves giving physical or psychological care to a family member because of a serious health condition, bonding with a newborn, adoptive or foster child, or for any qualifying reason under the Family and Medical Leave Act (FMLA) concerning an employee's spouse, domestic partner, child, or a parent serving on active military duty or anticipating a pending call to active duty. Proposed regulations of the law have been issued but have not been implemented yet, and provide guidance to employers. The publication advises employers to revisit current policies and practices and create new policies to ensure they comply with the new law, especially the leave of absence and job reinstatement provisions.