TRENTON — Senate President Stephen M. Sweeney today said the announcement that the paid family leave contribution rates will be cut in half given the fund’s current health proves that the system has worked as planned and has not been the victim of waste and abuse as opponents feared.
But Sweeney criticized officials at the state Department of Labor and Workforce Development for claiming that the decrease was their decision. In reality, the cut is due to a law Sweeney sponsored — signed by former Governor Corzine in early 2010 — that ties employee contributions to the health of the fund. Since the fund is currently running a surplus, the law automatically cut the contribution rate.