Minimum Wage Hike Plan Gets Go-Ahead

The organizers of a ballot initiative to raise the minimum wage in Alaska have been given the go-ahead to begin collecting signature

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by Associated Press

ANCHORAGE - The organizers of a ballot initiative to raise the minimum wage in Alaska have been given the go-ahead to begin collecting signature.
   
Lt. Gov. Mead Treadwell on Monday certified the initiative and informed the chief sponsor, former state Labor Commissioner Ed Flanagan.
   
Organizers will have one year to gather the more than 30,000 signatures required to qualify the measure for the ballot.
   
The initiative would increase Alaska's minimum wage to $8.75 as of Jan. 1, 2015, then $9.75 as of Jan. 1, 2016. After that, it will be adjusted for inflation but always be $1 higher than the federal minimum wage.
   
Current law sets the Alaska minimum wage at 50 cents higher than the federal minimum wage, meaning it's at $7.75 now.