Compassionate conservatives at work.....
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Compassionate conservatives at work.....
| Tue, 05-06-2003 - 2:25pm |
...watch out blue collar workers!
http://www.nytimes.com/2003/05/06/business/06PENS.html
Seems the great men in Washington have found a way to save their corporate friends a few more bucks - statistics say blue collar workers die sooner than other workers, so no need to put as much into their pension plans as before!!! Hard to believe.
But it gives me an idea which may just propell me to the top of the corporate ladder.. hmm.... How about cutting back on health care coverage, thus decreasing the life expectency of the workers, so we don't need to put as much away for their pensions!!! We'll save a bundle and we won't have to cut back on executive bonuses!!!
Thank you for contacting me in opposition to compensatory time in place of
overtime pay for workers. I appreciate your taking the time to share your
views.
As you know, the Fair Labor Standards Act contains a provision in statute
that requires workers to be compensated with overtime pay - at least 1½
times a worker’s regular rate of pay- for hours worked in excess of 40 per
week. This standard has been a fundamental portion of our nation's labor
law since the Fair Labor Standards Act was passed in 1938.
Millions of employees count on overtime pay as a key portion of their
wages. Whether to pay the monthly mortgage, make tuition payments, or
just to be able to put extra money aside for savings, many workers include
overtime money in their household budgets.
Rep. Judy Biggert (R-IL) introduced H.R. 1119, which would allow employees
the option to take compensatory time off for overtime work rather than
collecting their standard 1½ times rate of pay for such extra hours.
Education and Workforce Committee recently reported on this legislation,
which should come to the House floor for a vote in the next few months.
While some contend that this bill would allow workers to accumulate a bank
of time off that gives them flexibility for family and personal needs,
others fear that employers may grant preferential overtime hours even to
those employees who have indicated a preference for compensatory time off.
You will be pleased to know that I am not a co-sponsor of the Biggert
legislation. I am concerned that this measure could ultimately have the
effect of weakening our long-standing commitment to the principle of
overtime compensation for our workers. Rest assured, should I have an
opportunity to vote on H.R. 1119, I will be sure to keep your thoughts in
mind.
Thanks again for contacting me. Your opinions help me to serve you and
the people of Connecticut better. Should you have any further questions
or concerns about this or any other issue, please do not hesitate to
contact my staff or me.
All the best,
Rob Simmons
Member of Congress
Second Distict, Connecticut