Melissa Favreault
Senior Research Associate, The Urban Institute

Despite a lifetime of hard work, many workers end up poor or near poor in retirement. A New Minimum Benefit for Low Lifetime Earners examines a new minimum benefit that targets workers with long careers and low lifetime earnings, along with a modest credit that compensates for up to three years of low (or no) earnings due to care giving, unemployment, or poor health. The benefit at the full retirement age would pay 60 percent of the poverty threshold for a worker with 20 years of Social Security covered work and increase to 110 percent of the poverty threshold for a worker with 40 years of work. Caregiver credits would be available only in years when a child is under age 4 and only to one parent. The credit would be 60 percent of the average wage in the first such year, 50 percent in the second year and 40 percent in the third year.

Click here to download the full policy proposal developed as part of the project, Strengthening Social Security for Vulnerable Groups.

The project was funded by the Rockefeller Foundation’s Campaign for American Workers.

Posted on: April 17, 2009


  1. Assautoug July 24, 2011 at 5:05 pm

    Very similar.
    Very similar.

    • Ryne July 30, 2011 at 12:53 pm

      I am fovreer indebted to you
      I am fovreer indebted to you for this information.

      • Dayana September 6, 2011 at 8:28 pm

        What a great reosruce this
        What a great reosruce this text is.

Comments are closed.

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