How does Family Leave Insurance effect YOUR family

The NJ Department of Labor and Workforce Development has recently finalized the details in accordance to the Family Leave Insurance Act. Employees will not be able to receive any compensation from the Insurance Act until July of 2009. However, the state of New Jersey will be deducting .009% (up to $26.01 per year) from employees paycheck starting in January of 2009 in order to fund the newly enacted law.
Jon Corzine’s decision to sign the insurance legislation on May 2, 2008, means big relief for many NJ workers. At least 1 million workers do not have any paid days off and 40% of lower-wage workers do not have a single sick day. Imagine what this insurance plan can do for them? Employees who are covered under the NJ unemployment compensation Law, government entities included, will be covered by the Act.
Employees will be able to take up to 6 weeks off over a 12-month period, with pay, in order to take care of a family member or domestic partner who is incapable of caring for oneself. Employees may also file a claim to receive compensation for time spent bonding with a newborn or adopted child. Employees will receive 2/3 their usual wages: a maximum of $546 per year for claims filed July, 2009. The taxable wage is based on $28,900 and wages will rise each year in order to meet the increasing cost of living.