The Fair Minimum Wage Act of 2013 (S. 460 / H.R. 1010) was introduced last week. This vital legislation would increase the federal minimum wage to $10.10 by 2015, in three steps of 95 cents each. It would then adjust the minimum wage each year to keep pace with the rising cost of living starting in 2016 – a key policy reform known as “indexing,” which ten states are already using to prevent the minimum wage from falling in value each year. Finally, the proposed bill would raise the minimum wage for tipped workers – which has been frozen at a meager $2.13 per hour for more than twenty years – to 70% of the minimum wage.
For more information about this NAACP priority and how you can become an advocate, please see the Action Alert.