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Friday, July 1, 2016

Aspects of Inequality: Entrepreneurship, Paid Family Leave, and the Racial Wealth Gap

Rebecca Armendariz, 2016 National Academy of Social Insurance Intern, University of Maryland

As part of the Academy’s continued focus on income and wealth inequality, expert panelists convened at the National Press Club on June 21st for Advancing Equity and Inclusion through Social Insurance, three discussions that explored how public policies can bolster American family stability in an evolving economy. Recognizing how economic opportunity and mobility are affected by entrepreneurship, paid time away from work for caregivers, and the entrenched wealth divide between whites and people of color, panelists affirmed that social insurance programs provide a critical safety net for risk-taking, retirement planning, and family caregiving.

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Monday, July 21, 2014

Following California's Lead: The Expansion of Paid Leave Through Social Insurance

Elizabeth Pandya, University of Maryland

As this particularly harsh winter draws to a close, millions of American workers have again spent another flu season faced with the challenge of choosing between paid work and caring for themselves or sick loved ones. According to a report released by the Bureau of Labor Statistics last month, nearly 2.9 million full-time workers worked only part-time this past January due to illness-related absences and another 1.2 million traditionally full-time workers missed a week of work entirely.

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Monday, April 6, 2009

Increasing Social Security Benefits for Family Elder Caregivers

Shelley White-Means
Professor of Health Economics, University of Tennessee Health Science Center

Rose Rubin
Professor, Department of Economics, University of Memphis

Informal care provided by family members improves quality of life for frail elders, allows them to remain in the community instead of in nursing homes, and saves Medicaid dollars. Providing the care also imposes opportunity costs on caregivers that weaken their own retirement security. Retirement Security for Family Elder Care Givers with Labor Force Employment proposes to provide up to four years of Social Security credit to individuals who provide care to elders. The elders must be certified to need levels of care that would qualify for Medicaid coverage. The value of the credit would be the caregiver’s average wage in the three years before care giving interrupted earnings. The authors suggest the credit could be financed based on the reduction in public spending for nursing home care.

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Posted on April 6, 2009  |  Write the first comment