‘Family Care’ Benefit Could Fix Retiree Pay Gap
By Sharon Johnson
(WOMENSENEWS)—A national coalition of advocates for women’s financial security is proposing sweeping changes in the Social Security system to end the gender gap in retirement benefits.
They want public retirement credits for people who take time off from paid employment to serve as family caregivers, for retirees who have worked in low-wage occupations and for widows.
These benefits, they say, would decrease the nearly 11-percent rate of poverty among senior women, which is 50 percent higher than that of male retirees...Read more