N.Y. Workers' Compensation Law § 210: Employer contributions

§ 210. Employer contributions. 1. Every covered employer shall, on and

after January first, nineteen hundred fifty, contribute the cost of

providing disability benefits in excess of the contributions collected

from his or her employees, to the extent and in the manner provided in

this article.

2. The special contribution of each covered employer to the

accumulation of funds to provide benefits for disabled unemployed shall

be as provided in subdivision one of section two hundred fourteen of

this article.

3. The contribution of every covered employer to the cost of providing

disability benefits after June thirtieth, nineteen hundred fifty, shall

be the excess of such cost over the amount of the contributions of his

or her employees.

4. No profit shall be derived by any employer or association of

employers or of employees from providing payment of disability and

family leave benefits under this article. All funds representing

contributions of employers and employees, and increments thereon, held

by employers or associations of employers or of employees authorized or

permitted to pay benefits under the provisions of this article, and by

trustees paying benefits under plans or agreements meeting the

requirements of section two hundred eleven of this article, shall be

trust funds and shall be expended only to provide for the payment of

benefits to employees and for the costs of administering this article

and for the support of the fund established under section two hundred

fourteen of this article.