Search people, articles, bills, and more
A plan to boost Social Security benefits for family caregivers by counting their service as earned wages.AI-written
Provides Social Security credits to people who leave the workforce for up to five years to care for children or sick relatives.
Caregiving is often called the 'invisible' part of the economy. When people leave their jobs to care for loved ones, they save the healthcare system and the government money, but they lose out on personal income and future Social Security benefits. This bill attempts to bridge that gap by treating caregiving as a form of work that counts toward a person's financial safety net. It addresses the 'caregiver penalty' that can lead to higher poverty rates for elderly people who spent their younger years looking after others.
No reactions yet. Be the first to weigh in.
A plan to boost Social Security benefits for family caregivers by counting their service as earned wages.AI-written
Provides Social Security credits to people who leave the workforce for up to five years to care for children or sick relatives.
Caregiving is often called the 'invisible' part of the economy. When people leave their jobs to care for loved ones, they save the healthcare system and the government money, but they lose out on personal income and future Social Security benefits. This bill attempts to bridge that gap by treating caregiving as a form of work that counts toward a person's financial safety net. It addresses the 'caregiver penalty' that can lead to higher poverty rates for elderly people who spent their younger years looking after others.