The exception is if the employer passes the funds through a Premium Only Cafeteria Plan 125 in which case the employer may match employees funds in the accounts or add additional funds
for low wage earners.
The overall impact of previous minimum wage increases
on low wage earners, including employment levels and hours of work
Remember these are
the lowest wage earners of New York.
Lets see the report where the IDC acknowledges women, as the legally married spouse, are often
the lower wage earner and rely upon the spouse's wages to cover family plan.
* All too often (
low wage earners) are little or no better off at work than they are on social security.
Low wage earners would pay less than a percent on their income and it would work up to a few percentage points for higher earners, they propose.
In effect, the sharp increase in the minimum wage would negatively affect
the lower wage earners it is supposedly seeking to help.
They are systematically prepared to be disengaged learners and
low wage earners.
It's common practice for
the lower wage earner to take their benefit early, as early as age 62, while the higher earning spouse doesn't file for Social Security until age 70.
The benefit isn't linear,
a lower wage earner can see a benefit of as much as 50 % of what they earned each year while a very high earner would see far less as the benefit has a maximum.
It consists of 15 - grade levels, GS - 1 being
the lowest wage earner and GS - 15 the highest.