2023 Contribution Rates Released
The Maximum Employee Contribution Rate, Employee and Employer Taxable Wage Base
Officially announced on October 21th, 2022,
by the NJ Department of Labor and Workforce Development.
- The 2023 DisabilityEmployEE Contribution Rate has been withdrawn and will be set at 0%;
- The 2023 Disability EmployEE Taxable Wage Base for will be $156.800
- The 2023 Disability EmployEE Maximum Contribution will be $0.00 or Zero for this year.
- The 2023 Disability EmployER Maximum Taxable Wage Base Is $41,100.
- The 2023 Family Leave Insurance EmployEE Contribution rate will be .06% of the taxable wage base
| Contributions and Wages – January 1st, 2023 | ||
| Taxable Wage & Rates | EmployER | EmployEE |
| Annualized Wage Maximum | $41,100 | $156,800 |
| Contribution Rate | 0.10% To 0.75% | 0.00% |
| Contribution Maximum | $41.10 To $308.25 | $0.00 |
| Benefit Summary | 1/1/2023 | |
| Wage Percentage % | 85.00% | |
| Maximum Weekly | $993.00 | |
| Waiting Period | 7 Days Accident & Sickness | |
| Duration | Lesser of 26 Weeks, or 1/3 Total Wages |
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