The state’s Department of Labor and Industrial Relations recently announced the 2023 Temporary Disability Insurance (TDI) maximum weekly benefit and contribution amounts.
The weekly benefit amount remains 58% of an employee’s average weekly wages. However, the maximum benefits amount was increased to $765 per week in 2023 from $697 per week in 2022.
Further, an employer may withhold TDI contributions of one-half the premium cost but not more than 0.5% of the employee’s weekly wage, with the maximum not exceeding $6.59 per week in 2023. (2022: $6 per week.)
Employers with employees in Hawaii should consult with their payroll vendors and disability insurers to ensure that the appropriate contributions will be withheld starting January 1, 2023, and that the new maximum weekly benefit is reflected for the claims paid in 2023.
State of Hawaii – 2023 Maximum Weekly Wage Based and Maximum Weekly Benefit Amount »
PPI Benefit Solutions does not provide legal or tax advice. Compliance, regulatory and related content is for general informational purposes and is not guaranteed to be accurate or complete. You should consult an attorney or tax professional regarding the application or potential implications of laws, regulations or policies to your specific circumstances.
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