Bill > S05362

This bill amends the workers' compensation law to reduce the grace period for employers or insurance carriers to pay compensation installments from 25 days to 14 days after they become due. If the employer or insurance carrier fails to pay within 14 days, they will be required to pay an additional 20% of the compensation due, which will be paid to the injured worker or their dependents. The employer will also be assessed a $300 penalty payable to the claimant, unless the delay can be excused by the Workers' Compensation Board if the employer or insurance carrier can prove that conditions beyond their control prevented timely payment. This change aims to ensure more prompt compensation for workers who have been injured on the job by imposing stricter financial penalties for late payments and providing a shorter window for payment after the compensation becomes due.

Labor and Employment

https://www.nysenate.gov/legislation/bills/2025/S5362