Comments Due to NAFCU: DOL - Overtime Salary

Calendar Thumbnail - Comments Due to NAFCU

September 14, 2017

The Department of Labor (DOL) has released a Request for Information (RFI) asking for public input as it reviews its regulations providing exemptions from the minimum wage and overtime requirements for certain employees, under the Fair Labor Standards Act (FLSA). NAFCU would like to highlight the following:

  • The Department of Labor has issued a Request for Information to gather feedback from the public regarding how to revise 29 C.F.R. Part 541, which defines exemptions from the minimum wage and overtime requirements for certain employees, pursuant to the Fair Labor Standards Act.
  • In accordance with Executive Order 13777, "Enforcing the Regulatory Reform Agenda," the DOL is reviewing the impact of the 2016 Final Rule's changes to the salary levels in Part 541 in an attempt to lower regulatory burden.

Regulatory Alert: 17-EA-25: DOL - Overtime Salary (member-only; login required)

Take the NAFCU Member Survey for Comments (Comments due to NAFCU by September 14, 2017)

NAFCU will send comments on behalf of its members to the NCUA by their deadline (September 25, 2017).