Social Security Caregiver Credit: Recognizing Unpaid Family Caregivers' Work
This bill aims to include unpaid family caregiving work in the Social Security system. This means individuals caring for children or ill relatives could gain additional years of work credit, leading to higher retirement benefits. It's a crucial support for those who dedicate their time to caregiving, often sacrificing their own careers.
Key points
Unpaid family caregivers may earn additional years of work credit for Social Security purposes.
The bill covers care for children under 12 or chronically dependent individuals (e.g., elderly, sick, disabled).
Up to five years of such care can be credited, potentially increasing future Social Security benefits.
To qualify, an application and documentation proving the dependent's status are required.
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