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Wed Mar 27, 2019, 05:06 PM

GOP lawmakers offer paid parental leave legislation linked to Social Security

Just who exactly are they trying to impress?


GOP lawmakers offer paid parental leave legislation linked to Social Security
By Naomi Jagoda - 03/27/19 03:54 PM EDT


A group of Republicans on Wednesday introduced legislation that would allow people to pull forward some of their Social Security benefits to use for paid parental leave ó the latest effort from Republicans on paid leave in recent weeks.

Sens. Marco Rubio (R-Fla.) and Mitt Romney (R-Utah) introduced legislation in the Senate, while Reps. Ann Wagner (R-Mo.) and Dan Crenshaw (R-Texas) offered a companion bill in the House.

"Our proposal would enact paid family leave in America without increasing taxes, without placing new mandates on small businesses," Rubio said in a news conference.

Under the legislation, new parents would have the option to get early Social Security benefits for up to three months to finance paid parental leave. A fact sheet from Rubio and Romney said most parents below the median household income would be able to receive a benefit that would replace about two-thirds of their wages.

In exchange for receiving the paid parental leave benefit, people would either have to increase their Social Security retirement age by several months or get a reduction in their monthly Social Security benefits for the first five years of their retirements.

more...

https://thehill.com/policy/finance/436114-gop-lawmakers-offer-paid-parental-leave-legislation-linked-to-social-security?fbclid=IwAR2FU_i-7Ua7fffp4aqUynWtwfEzH_HSxqs25wLEhxeCOpXhOZfZJehB-2g

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Reply GOP lawmakers offer paid parental leave legislation linked to Social Security (Original post)
babylonsister Mar 2019 OP
no_hypocrisy Mar 2019 #1
babylonsister Mar 2019 #2
gratuitous Mar 2019 #3
dlk Mar 2019 #4
procon Mar 2019 #5
babylonsister Mar 2019 #7
yellowcanine Mar 2019 #6

Response to babylonsister (Original post)

Wed Mar 27, 2019, 05:11 PM

1. Kind of like withdrawing funds from your 401(k) Plan to fund children who will

care of you in your old age.

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Response to no_hypocrisy (Reply #1)

Wed Mar 27, 2019, 05:37 PM

2. Sounds to me like families are being penalized. nt

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Response to babylonsister (Original post)

Wed Mar 27, 2019, 05:46 PM

3. And if you don't want to rob your retirement Peter to pay your parental leave Paul

I guess you can always just cash some stocks your father gave you, right Mitt? Your wife certainly painted a sad picture of when you two crazy kids were starting out and you had to fall back on daddy's stock to support your burgeoning family. I cried for hours, thinking of all that idle money being tossed into the economy like so much kindling into a bonfire.

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Response to babylonsister (Original post)

Wed Mar 27, 2019, 07:40 PM

4. Republicans Are Always Looking for Novel Ways to Cut a Person's Social Security

Apparently, they canít help themselves.

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Response to babylonsister (Original post)

Wed Mar 27, 2019, 08:19 PM

5. It's a sneaky way to weaken future SS payments when those folks

are older and have fewer options to earn more money to fill in the loss. Parental leave should not be tied to SS. It should be based on minor tax increases spread out for everyone. It should be expanded to not only pertain to paid leave for parents to take care of children, but for other family members as well. Some European plans include time off for grieving as well, a needful thing.

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Response to procon (Reply #5)

Wed Mar 27, 2019, 08:43 PM

7. What you said, exactly. nt

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Response to babylonsister (Original post)

Wed Mar 27, 2019, 08:23 PM

6. NO NO NO NO. Bad idea. Leave SS alone. What is WRONG with people?

As it is, folks dependent on SS are barely getting by. This would only make it worse. Retirement funds are for retirement. Why is that so hard to understand?

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