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The Labor Department is seeking input from the public on an appropriate overtime salary threshold as it seeks to revise last year's overtime pay rule. The rule's Dec. 1, 2016, implementation was delayed last November by a Texas federal judge.

Comments are due in 60 days.

The overtime rule raises from $23,660 to $47,476 the salary threshold at which employees are eligible for overtime pay under the Fair Labor Standards Act. NAFCU has raised concerns that the rule fails to adequately consider geographic salary differences or provide exemptions for non-salary-based employee advancement opportunities.

NAFCU signed on last year with 59 other organizations to an amicus brief supporting groups that claim the rule will increase costs for businesses and may force the demotion or layoff of workers.

NAFCU applauded the rule's delay. It has also supported legislation that would phase in pay increases under the rule.