5/18 Access Digest -- Update to Overtime Regulations, Expanding Prosperity Impact Collaborative, and More…

Millions of Americans May Benefit From Overtime Pay

President Obama and Secretary of Labor Thomas Perez announced the publication of Department of Labor’s final rule to update overtime regulations. The Rule, announced today, will extend overtime pay protections to over four million workers within the first year of implementation — allowing workers earning up to $47,476 annually to qualify for overtime pay for each hour put in beyond a 40-hour work week. The effective date of the final rule is December 1, 2016. Learn more about the key provisions here.

Expanding Prosperity Impact Collaborative

The Aspen Institute Financial Security Program launched a new initiative that will investigate economic forces that severely impact the financial security of American families. The Expanding Prosperity Impact Collaborative (EPIC) will elevate new research and ideas, leverage the convening power of the Aspen Institute, connect new audiences, expand reach through digital surveys, and deliver fresh frameworks for government and industry to expand prosperity. Each year, EPIC will focus on a key consumer finance issue — this year’s focus is on income volatility. Learn more about EPIC.

CONFERENCE -- Race and Inequality: Policy & Advocacy for Structural Change

Thursday, June 2-4, 2016
Washington University
St. Louis, MO

This conference, sponsored by Influencing Social Policy (ISP), is designed to provide a collective space for social work students, faculty, and practitioners with a passion for social policy and policy practice. The conference will include prominent speakers and opportunities for networking, along with the honoring of Social Work Policy Pioneers and recognition of the Influencing Social Policy (ISP) award winners. Confirmed plenary speakers include Rev. Starsky Wilson, co-chair of the Ferguson Commission, and Lisa Carr, Acting Director of Outreach for the Affordable Care Act, HHS. For more details or to register, click here.

WEBINAR -- Leveraging the Tax Moment to Build Financial Capability

June 9, 2016
11:00 a.m. - 12:30 p.m. PT/ 2:00 - 3:30 p.m. ET

Join the Taxpayer Opportunity Network, JPMorgan Chase, and the EITC Funders Network for a discussion about lessons learned from work underway in the field to leverage the tax moment to build financial capability for low- to moderate-income taxpayers. Click here to register.

In Case You Missed It…

Wealth Gap Wednesdays Twitter Update

#WealthGapWeds is taking a short hiatus. We will be back in late summer. Thank you to all of you who enjoy the research we tweet about!! We hope that you continue to tweet out your financial security-related news using the hashtag.