Rubio to introduce bill allowing parents to use Social Security benefits for paid leave

CNN)Sen. Marco Rubio plans to introduce a bill today that would allow new parents to finance their paid leave by drawing from their Social Security benefits early.

The Florida Republican's bill -- Economic Security for New Parents Act -- would allow parents to use their future Social Security benefits to use for at least two months leave, which would then delay receiving their retirement benefits by three to six months when they retire.
According to a summary from Rubio's office, the bill will allow the benefits to be transferable between parents and eligible for stay-at-home parents.

"There's nothing we can do for our children that's better than allowing their parents to spend more time and be more involved in their lives, especially from their early days," Rubio said in an interview on CBS "This Morning" Thursday morning.

He said his proposal would give families more options to choose from in providing care for their children.

"No one is required to do this, but everyone will have the option of saying, 'I'm going to take some of my benefits,'" he said. "These are your benefits, not anybody else's."

Missouri Republican Ann Wagner plans to introduce a companion bill in the House next month.


https://www.cnn.com/2018/08/02/politics/marco-rubio-ivanka-trump-paid-family-leave-bill/index.html?utm_source=twCNNp&utm_term=image&utm_medium=social&utm_content=2018-08-02T21%3A56%3A01