From the New York Times:
Paid leave for new parents, long a Democratic cause, has become a Republican one, too. But policymakers don’t agree on what a leave plan should look like. Now some Republicans have a new idea: Let people collect Social Security benefits early to pay for time off after they have a baby.
Unlike some other proposals, this would require no new taxes. There’s a catch, though: Parents would have their Social Security benefits delayed when they retire to offset the costs. ...
Ms. Lukas [a proponent] has said that she hoped the proposal would “encourage an important mental shift” in the way people think about Social Security. If individuals view it as “property,” she reasons, it could lead to the embrace of personal accounts.
My opinion is that there is essentially a 0% chance this gets enacted as proposed. It's not happening without Democratic support and that isn't going to happen, not now, not ever. Find a way to give government-paid parental leave without reducing retirement benefits, sure, but not this. The GOP has been pursuing ways to undermine Social Security since the 1930s. The party has no credibility when it comes to Social Security.That reasoning is why some experts view the proposal as a backdoor way to try to curb the scale and cost of Social Security. They also said it could put women in a more precarious position in retirement, adding yet another financial penalty to the list that women pay when they become mothers. ...