Comp Time Bill Withdrawn

A real disappointment! PlanSponsor.com has reported that the House of Representatives has abruptly pulled from the schedule the Comp Time Bill that was going to be voted on. This bill would have allowed employees to choose between getting overtime pay or compensatory time off, both calculated at a time-and-a-half rate. The bill, called the Family Time Flexibility Act, would have been particularly good for families, allowing individuals to spend time with their families instead of receiving overtime pay. It would have also been good for employers who would not have had the expense of paying the overtime during these tough economic times. Apparently, the bill did not have enough support from “pro-business Democrats to counter opposition from a sizable pro-labor bloc among the 228 House Republicans.”