-Source-Market Watch-
Expectant parents would apply to the Social Security Administration under proposal
A new bill from a key Republican senator would provide paid family leave — in return for giving up Social Security benefits.
The legislation, from Sen. Marco Rubio, the Florida Republican who unsuccessfully sought his party’s presidential nomination, is notable both for demonstrating broader interest in the concept of paid family leave as well as the idea of drawing from Social Security.
Under Rubio’s proposal, dubbed the Economic Security for New Parents Act, parents could apply for at least two months of leave across their household. His office calculates the benefit is large enough that many families will be able to finance at least three months of leave.
Expectant parents would apply to the Social Security Administration, and after the birth or adoption of their child and the provision of additional documentation, they would receive two monthly payments of equivalent size. Read more
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