Gillibrand introduces legislation to provide Social Security credits to caregivers

[anvplayer video=”5177132″ station=”998132″]

An average of more than $300,000 in wages, private pensions and social security is lost for caregivers aged 50 and older when they leave the workforce.

U.S. Senator Kirsten Gillibrand is trying to help those who leave the workforce by making sure they have enough funds.

She announced new legislation Tuesday that would provide Social Security credits to caregivers.

The Social Security Caregiver Act would provide retirement credits to unpaid caregivers who spend at least 80 hours a month providing care to a dependent relative under the age of 12, or to a chronically dependent individual.

Learn about the situation Gillibrand said many people are currently dealing with by watching the video.