2024 New Jersey Temporary Disability Benefits (NJ TDB) Updates

The State of New Jersey announced the 2024 NJ TDB weekly benefit rate, Employer Taxable Wage Base and Worker Taxable Wage Base listed below:

20232024
Maximum TBD Weekly Benefit$1,025$1,055
Employer Taxable Wage Base$41,100$42,300
Employee Taxable Wage Base $156,800 $161,400
2023 and 2024 benefit and taxable wage bases for NJ TDB.

Employer rates will be released shortly via AC-174 (Notice of Employer Contribution). Employee contributions will be announced in October. Call ELI Advisors today to discuss how this will impact your organization.

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Eric Thieringer President
Eric Thieringer is president of Eli Advisors, an HR, payroll and employee benefits firm focused on serving small to mid-size organizations. Eli's services and support address the frustrating gaps that challenge employers and their employees. By solving these problems, Eli Advisors creates financially sustainable programs and services that help organizations attract, retain, and engage the talent needed to succeed.