A paid family leave bill from Sen. Marco Rubio, R-Fla., that would let new parents tap into their Social Security in exchange for delaying retirement would not harm Social Security’s finances, according to an analysis released Tuesday by the Social Security Administration.

Rubio’s plan, which is co-sponsored by Sen. Mitt Romney, R-Utah, and known as the New Parents Act, gives parents who take Social Security payments for leave the option to delay retirement by between three to six months per child or to receive less in Social Security for the first five years of retirement. Some conservative critics oppose it on the grounds that it would place a further burden on Social Security, which is already on track to see its trust funds exhausted.

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