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Help for caregivers who leave their jobs

Written by Diane Archer

Millions of caregivers leave their jobs to care for a loved one at some time in their careers.  Not only do they lose their income in the process, they stop paying into Social Security and may see lower Social Security benefits when they retire. So, on Friday March 18, 2016, Senator Chris Murphy introduced a bill to provide these caregivers additional retirement benefits, the Social Security Caregiver Credit Act.  

An estimated 65 million people leave their jobs entirely or significantly reduce their work hours in order to care for someone they love. And, by some accounts, they forego an average of $300,000 in lost wages, pension benefits and Social Security benefits when they do so jeopardizing their retirement security. Women are most affected.

The credit would be based on a sliding scale of income tied to past earnings with a cap, for up to five years of caregiving. Anyone caring for a family member, young or old, who needs help with activities of daily living would qualify for the credit, so long as they were caregiving a minimum of 80 hours a month.

Senator Murphy argues that supporting caregivers will save the government money.  People being cared for in their homes will not need nursing home care, which Medicaid often pays for.  Bernie Sanders is co-sponsoring the bill in the Senate. And, Congresswoman Nita Lowey introduced a companion bill in the Senate.

If passed, this bill would expand Social Security and improve the lives of many older adults in retirement. It would end the penalty on people who put their family first to care for them. It would be particularly helpful in increasing women’s income in retirement and reducing the income gap between men and women.

Here’s more information from Just Care:



  • The United States government is not prepared–and ignores–the multitudes of elders who require care. An average nursing home cost for one single patient in America averages $85,000.00 a year and that’s for a double room. They often receive very poor care because nurse’s aids are often assigned huge amounts of patients so there are many issues with falls, and skin breakdown…or even abuse. As baby boomers age, the elder population is exploding–in fact, in a matter of about 10 years the cost of care in nursing home will exceed a trillion dollars a year. It’s about $250 billion a year now–that cost is conservative but is rising yearly.

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