ALBANY, N.Y. -- Assembly Speaker Sheldon Silver says he is working on a plan to increase the implementation of New York's increased minimum wage by one year.
Silver will introduce new legislation to increase minimum wage to $9 an hour by December 31, 2014 -- a full year ahead of schedule.
"Poverty is not a fair reward for those who work a full-time job. We must do more to ensure that those who work hard for a living are able to make ends meet. Speeding up the implementation of the higher minimum wage is the right thing to do" said Silver.
Silver noted the assembly originally passed legislation in March to increase minimum wage to $9 an hour on January 1, 2014.
"Had the federal minimum wage kept up with inflation, workers would be making more than $10 an hour, so accelerating the implementation of the new minimum wage law is both reasonable and fair," said Silver, noting that 10 states already annually increase their minimum wage to keep up with the rising cost of living.