Millions of Salaried Workers Would Get Paycheck Boost Under New Bill
Summary
A new bill called the Restoring Overtime Pay Act of 2026 aims to increase the salary level that makes workers eligible for overtime pay. This change could help nearly 30 million salaried workers earn extra money when they work more than 40 hours a week by 2030.Key Facts
- The bill is introduced by Independent Senator Bernie Sanders and Democratic Representative Mark Takano.
- It would raise the overtime pay salary threshold from $35,568 to over $89,000 by 2030.
- This change could expand overtime protections to about 29.3 million additional salaried workers.
- Currently, only 8% of salaried workers are eligible for overtime; the bill would increase that to 55%.
- The bill responds to the rollback of a Biden-era overtime rule by the Trump administration.
- Workers earning between today’s and the new thresholds could get paid time-and-a-half for hours worked over 40 in a week.
- The bill aims to help workers struggling with the rising cost of living and wage stagnation.
- The salary threshold would be indexed to adjust automatically according to wage changes over time.
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