1. The employer plan must
offer benefits at least equal
to the New York state
mandated disability benefits
law.
2.The employer can charge
the employees the same or
less than the state
mandated disability benefits
law mandated contribution
level. Employees can not
be charged more unless
there have been
improvements in coverage.
3. The employer must
agree to cover the balance
of the NY state mandated
disability benefits law level
of plan costs that are in
excess of employee
contributions.
4. The employer must
agree to provide a
guarantee bond, if required
by the state.
5. The employer must
agree to pay all obligations,
including benefits, fines,
expenses, and
assessments imposed
pursuant to the New York
state mandated disability
benefits law.
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