This bill, the Living Wage For All Act, seeks to establish a federal minimum wage that aligns with a living wage, eventually reaching $25 per hour, and then indexing it to the national median wage. Its primary purpose is to ensure that all workers earn a wage sufficient to cover the cost of living, thereby reducing reliance on public assistance and fostering broad-based economic growth. The legislation emphasizes that large, highly profitable corporations should lead this transition due to their greater capacity to absorb wage increases. The bill introduces a tiered approach to minimum wage increases, distinguishing between "large employers" and "other employers." A large employer is defined as any entity with over $1 billion in annual gross revenue or 500 or more employees. For these large employers, the minimum wage would reach $25 per hour within five years, starting at $12 per hour and increasing incrementally. For employers not classified as large, the transition to a $25 per hour minimum wage is extended over a 12-year period, also beginning at $12 per hour. After reaching the $25 per hour threshold, the minimum wage for all employers will be annually adjusted to be the greater of the previous year's rate or two-thirds of the national median hourly wage, as determined by the Bureau of Labor Statistics. This indexing mechanism aims to prevent future erosion of purchasing power and ensure wages keep pace with economic conditions. A significant provision of the bill is the gradual elimination of all subminimum wages. This includes phasing out the separate minimum wage for tipped employees , ensuring their cash wage eventually equals the full minimum wage and that they retain all tips. Similarly, the bill incrementally raises the subminimum wage for youth workers (under 20 years old) and employees with disabilities until it matches the standard minimum wage. To support the transition for individuals with disabilities, the bill prohibits the issuance of new special certificates that allow employers to pay subminimum wages. It also mandates that the Secretary of Labor provide technical assistance to employers currently using these certificates and offer information and referrals to employees with disabilities to facilitate their move into competitive integrated employment. The authority for special certificates will sunset once the wages for these workers reach the full minimum wage.