New Parents Act Introduced to Provide for Paid Family Leave

On March 27, 2019, Senator Marco Rubio (FL) and Mitt Romney (UT) introduced the New Parents Act which would provide paid parental leave for up to three months by permitting new parents to tap into future Social Security Benefits by either delaying or reducing those benefits later in life.  The Bill also permits new parents to continue to work and use the funds to pay for childcare expenses.  There are several bills that are currently under consideration that provide for paid Family Leave by either postponing Social Security Benefits (The Child Rearing & Development Leave Empowerment Act (CRADLE) and The Family & Medical Insurance Leave Act (FAMILY) which provides for some wage replacement that is funded through a tax on payroll.  These Bills follow numerous state laws recently enacted or currently under consideration around the country to provide a form of paid family and medical leave....

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