Detailed Single Year Tables
Description of Proposed Provision:
B7.3: Give credit to parents with a child under 6 for earnings for up to five years. The earnings credited for a childcare year equal one half of the SSA average wage index (about $37,623 in 2026). The credits are available for all past years to newly eligible retired-worker and disabled-worker beneficiaries starting in 2027. The 5 years are chosen to yield the largest increase in AIME.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 12.85 | -2.77 | 131 | 0.00 | 0.00 | -0.00 | ||
| 2028 | 15.71 | 13.01 | -2.70 | 111 | 0.01 | 0.00 | -0.01 | ||
| 2029 | 15.76 | 13.06 | -2.70 | 92 | 0.02 | 0.00 | -0.02 | ||
| 2030 | 15.77 | 13.07 | -2.69 | 74 | 0.03 | 0.00 | -0.03 | ||
| 2031 | 15.76 | 13.09 | -2.67 | 56 | 0.04 | 0.00 | -0.04 | ||
| 2032 | 15.77 | 13.09 | -2.67 | 39 | 0.05 | 0.00 | -0.05 | ||
| 2033 | 15.78 | 13.13 | -2.65 | 22 | 0.06 | 0.00 | -0.06 | ||
| 2034 | 15.81 | 13.14 | -2.67 | 6 | 0.07 | 0.00 | -0.07 | ||
| 2035 | 15.86 | 13.17 | -2.69 | — | 0.09 | 0.00 | -0.08 | ||
| 2036 | 15.95 | 13.18 | -2.78 | — | 0.10 | 0.00 | -0.10 | ||
| 2037 | 16.07 | 13.18 | -2.88 | — | 0.11 | 0.00 | -0.11 | ||
| 2038 | 16.17 | 13.19 | -2.98 | — | 0.12 | 0.00 | -0.12 | ||
| 2039 | 16.27 | 13.20 | -3.07 | — | 0.14 | 0.01 | -0.13 | ||
| 2040 | 16.35 | 13.20 | -3.15 | — | 0.15 | 0.01 | -0.14 | ||
| 2041 | 16.43 | 13.21 | -3.22 | — | 0.16 | 0.01 | -0.15 | ||
| 2042 | 16.51 | 13.21 | -3.30 | — | 0.17 | 0.01 | -0.16 | ||
| 2043 | 16.59 | 13.22 | -3.37 | — | 0.18 | 0.01 | -0.17 | ||
| 2044 | 16.68 | 13.23 | -3.46 | — | 0.19 | 0.01 | -0.18 | ||
| 2045 | 16.78 | 13.23 | -3.54 | — | 0.20 | 0.01 | -0.19 | ||
| 2046 | 16.85 | 13.24 | -3.61 | — | 0.21 | 0.01 | -0.20 | ||
| 2047 | 16.92 | 13.24 | -3.68 | — | 0.22 | 0.01 | -0.21 | ||
| 2048 | 17.00 | 13.25 | -3.76 | — | 0.23 | 0.01 | -0.22 | ||
| 2049 | 17.09 | 13.25 | -3.84 | — | 0.24 | 0.01 | -0.23 | ||
| 2050 | 17.18 | 13.26 | -3.92 | — | 0.25 | 0.01 | -0.24 | ||
| 2051 | 17.28 | 13.26 | -4.01 | — | 0.26 | 0.01 | -0.25 | ||
| 2052 | 17.39 | 13.27 | -4.12 | — | 0.27 | 0.01 | -0.25 | ||
| 2053 | 17.51 | 13.28 | -4.23 | — | 0.27 | 0.01 | -0.26 | ||
| 2054 | 17.63 | 13.29 | -4.35 | — | 0.28 | 0.01 | -0.27 | ||
| 2055 | 17.77 | 13.29 | -4.47 | — | 0.29 | 0.01 | -0.28 | ||
| 2056 | 17.90 | 13.30 | -4.60 | — | 0.29 | 0.01 | -0.28 | ||
| 2057 | 18.04 | 13.31 | -4.73 | — | 0.30 | 0.01 | -0.29 | ||
| 2058 | 18.19 | 13.32 | -4.86 | — | 0.31 | 0.01 | -0.29 | ||
| 2059 | 18.33 | 13.33 | -5.00 | — | 0.31 | 0.01 | -0.30 | ||
| 2060 | 18.46 | 13.34 | -5.12 | — | 0.32 | 0.01 | -0.30 | ||
| 2061 | 18.59 | 13.35 | -5.25 | — | 0.32 | 0.01 | -0.30 | ||
| 2062 | 18.72 | 13.35 | -5.36 | — | 0.32 | 0.01 | -0.31 | ||
| 2063 | 18.84 | 13.36 | -5.48 | — | 0.33 | 0.01 | -0.31 | ||
| 2064 | 18.96 | 13.37 | -5.59 | — | 0.33 | 0.02 | -0.31 | ||
| 2065 | 19.07 | 13.38 | -5.70 | — | 0.33 | 0.02 | -0.32 | ||
| 2066 | 19.19 | 13.38 | -5.81 | — | 0.33 | 0.02 | -0.32 | ||
| 2067 | 19.31 | 13.39 | -5.91 | — | 0.33 | 0.02 | -0.32 | ||
| 2068 | 19.42 | 13.40 | -6.02 | — | 0.34 | 0.02 | -0.32 | ||
| 2069 | 19.54 | 13.41 | -6.14 | — | 0.34 | 0.02 | -0.32 | ||
| 2070 | 19.66 | 13.41 | -6.25 | — | 0.34 | 0.02 | -0.32 | ||
| 2071 | 19.79 | 13.42 | -6.36 | — | 0.34 | 0.02 | -0.33 | ||
| 2072 | 19.90 | 13.43 | -6.47 | — | 0.34 | 0.02 | -0.33 | ||
| 2073 | 20.02 | 13.44 | -6.59 | — | 0.35 | 0.02 | -0.33 | ||
| 2074 | 20.14 | 13.45 | -6.70 | — | 0.35 | 0.02 | -0.33 | ||
| 2075 | 20.25 | 13.45 | -6.80 | — | 0.35 | 0.02 | -0.33 | ||
| 2076 | 20.35 | 13.46 | -6.89 | — | 0.35 | 0.02 | -0.33 | ||
| 2077 | 20.44 | 13.46 | -6.97 | — | 0.35 | 0.02 | -0.33 | ||
| 2078 | 20.52 | 13.47 | -7.05 | — | 0.35 | 0.02 | -0.33 | ||
| 2079 | 20.58 | 13.47 | -7.11 | — | 0.35 | 0.02 | -0.34 | ||
| 2080 | 20.64 | 13.48 | -7.16 | — | 0.35 | 0.02 | -0.34 | ||
| 2081 | 20.69 | 13.48 | -7.21 | — | 0.35 | 0.02 | -0.34 | ||
| 2082 | 20.74 | 13.49 | -7.25 | — | 0.35 | 0.02 | -0.34 | ||
| 2083 | 20.77 | 13.49 | -7.28 | — | 0.35 | 0.02 | -0.34 | ||
| 2084 | 20.79 | 13.49 | -7.31 | — | 0.35 | 0.02 | -0.34 | ||
| 2085 | 20.80 | 13.49 | -7.31 | — | 0.35 | 0.02 | -0.34 | ||
| 2086 | 20.80 | 13.49 | -7.31 | — | 0.35 | 0.02 | -0.34 | ||
| 2087 | 20.79 | 13.49 | -7.30 | — | 0.35 | 0.02 | -0.34 | ||
| 2088 | 20.77 | 13.49 | -7.28 | — | 0.35 | 0.02 | -0.34 | ||
| 2089 | 20.74 | 13.49 | -7.25 | — | 0.35 | 0.02 | -0.34 | ||
| 2090 | 20.70 | 13.49 | -7.21 | — | 0.35 | 0.02 | -0.34 | ||
| 2091 | 20.66 | 13.48 | -7.18 | — | 0.35 | 0.02 | -0.34 | ||
| 2092 | 20.62 | 13.48 | -7.14 | — | 0.35 | 0.02 | -0.33 | ||
| 2093 | 20.58 | 13.48 | -7.10 | — | 0.35 | 0.02 | -0.33 | ||
| 2094 | 20.54 | 13.48 | -7.06 | — | 0.35 | 0.02 | -0.33 | ||
| 2095 | 20.50 | 13.48 | -7.02 | — | 0.35 | 0.02 | -0.33 | ||
| 2096 | 20.46 | 13.47 | -6.99 | — | 0.35 | 0.02 | -0.33 | ||
| 2097 | 20.43 | 13.47 | -6.96 | — | 0.35 | 0.02 | -0.33 | ||
| 2098 | 20.41 | 13.47 | -6.94 | — | 0.35 | 0.02 | -0.33 | ||
| 2099 | 20.39 | 13.47 | -6.92 | — | 0.35 | 0.02 | -0.33 | ||
| 2100 | 20.37 | 13.47 | -6.90 | — | 0.35 | 0.02 | -0.33 | ||
| 2101 | 20.37 | 13.47 | -6.90 | — | 0.35 | 0.02 | -0.33 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 18.35% | 13.69% | -4.66% | 2034 | 0.25% | 0.01% | -0.24% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2026 Trustees Report.