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 $36,128 in 2025). The credits are available for all past years to newly eligible retired-worker and disabled-worker beneficiaries starting in 2026. 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 |
|||
2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | -0.00 | ||
2027 | 15.49 | 13.08 | -2.40 | 131 | 0.01 | 0.00 | -0.01 | ||
2028 | 15.61 | 13.11 | -2.50 | 113 | 0.02 | 0.00 | -0.02 | ||
2029 | 15.72 | 13.14 | -2.58 | 95 | 0.03 | 0.00 | -0.03 | ||
2030 | 15.84 | 13.16 | -2.68 | 77 | 0.04 | 0.00 | -0.04 | ||
2031 | 15.96 | 13.19 | -2.78 | 60 | 0.05 | 0.00 | -0.05 | ||
2032 | 16.06 | 13.20 | -2.86 | 42 | 0.06 | 0.00 | -0.06 | ||
2033 | 16.16 | 13.25 | -2.91 | 24 | 0.09 | 0.00 | -0.08 | ||
2034 | 16.23 | 13.27 | -2.96 | 7 | 0.09 | 0.00 | -0.08 | ||
2035 | 16.33 | 13.28 | -3.05 | — | 0.10 | 0.00 | -0.10 | ||
2036 | 16.44 | 13.29 | -3.15 | — | 0.11 | 0.00 | -0.11 | ||
2037 | 16.54 | 13.30 | -3.24 | — | 0.12 | 0.01 | -0.12 | ||
2038 | 16.62 | 13.31 | -3.31 | — | 0.14 | 0.01 | -0.13 | ||
2039 | 16.70 | 13.32 | -3.38 | — | 0.15 | 0.01 | -0.14 | ||
2040 | 16.76 | 13.32 | -3.44 | — | 0.16 | 0.01 | -0.15 | ||
2041 | 16.81 | 13.33 | -3.48 | — | 0.17 | 0.01 | -0.16 | ||
2042 | 16.85 | 13.33 | -3.52 | — | 0.18 | 0.01 | -0.17 | ||
2043 | 16.89 | 13.34 | -3.56 | — | 0.19 | 0.01 | -0.18 | ||
2044 | 16.94 | 13.34 | -3.60 | — | 0.20 | 0.01 | -0.19 | ||
2045 | 16.98 | 13.34 | -3.63 | — | 0.20 | 0.01 | -0.19 | ||
2046 | 17.02 | 13.35 | -3.67 | — | 0.21 | 0.01 | -0.20 | ||
2047 | 17.06 | 13.35 | -3.71 | — | 0.22 | 0.01 | -0.21 | ||
2048 | 17.11 | 13.36 | -3.75 | — | 0.23 | 0.01 | -0.22 | ||
2049 | 17.16 | 13.36 | -3.80 | — | 0.24 | 0.01 | -0.23 | ||
2050 | 17.22 | 13.37 | -3.85 | — | 0.25 | 0.01 | -0.23 | ||
2051 | 17.27 | 13.37 | -3.90 | — | 0.25 | 0.01 | -0.24 | ||
2052 | 17.34 | 13.38 | -3.96 | — | 0.26 | 0.01 | -0.25 | ||
2053 | 17.41 | 13.39 | -4.03 | — | 0.27 | 0.01 | -0.25 | ||
2054 | 17.49 | 13.39 | -4.10 | — | 0.27 | 0.01 | -0.26 | ||
2055 | 17.58 | 13.40 | -4.18 | — | 0.28 | 0.01 | -0.26 | ||
2056 | 17.67 | 13.41 | -4.26 | — | 0.28 | 0.01 | -0.27 | ||
2057 | 17.76 | 13.42 | -4.35 | — | 0.29 | 0.01 | -0.27 | ||
2058 | 17.86 | 13.42 | -4.44 | — | 0.29 | 0.01 | -0.28 | ||
2059 | 17.95 | 13.43 | -4.52 | — | 0.29 | 0.02 | -0.28 | ||
2060 | 18.04 | 13.44 | -4.60 | — | 0.30 | 0.02 | -0.28 | ||
2061 | 18.12 | 13.45 | -4.67 | — | 0.30 | 0.02 | -0.28 | ||
2062 | 18.20 | 13.45 | -4.74 | — | 0.30 | 0.02 | -0.29 | ||
2063 | 18.27 | 13.46 | -4.81 | — | 0.30 | 0.02 | -0.29 | ||
2064 | 18.34 | 13.46 | -4.87 | — | 0.31 | 0.02 | -0.29 | ||
2065 | 18.41 | 13.47 | -4.94 | — | 0.31 | 0.02 | -0.29 | ||
2066 | 18.48 | 13.48 | -5.00 | — | 0.31 | 0.02 | -0.29 | ||
2067 | 18.55 | 13.48 | -5.07 | — | 0.31 | 0.02 | -0.30 | ||
2068 | 18.62 | 13.49 | -5.13 | — | 0.31 | 0.02 | -0.30 | ||
2069 | 18.69 | 13.49 | -5.20 | — | 0.31 | 0.02 | -0.30 | ||
2070 | 18.77 | 13.50 | -5.27 | — | 0.32 | 0.02 | -0.30 | ||
2071 | 18.85 | 13.51 | -5.34 | — | 0.32 | 0.02 | -0.30 | ||
2072 | 18.92 | 13.51 | -5.41 | — | 0.32 | 0.02 | -0.30 | ||
2073 | 18.99 | 13.52 | -5.47 | — | 0.32 | 0.02 | -0.30 | ||
2074 | 19.06 | 13.52 | -5.54 | — | 0.32 | 0.02 | -0.30 | ||
2075 | 19.12 | 13.53 | -5.59 | — | 0.32 | 0.02 | -0.30 | ||
2076 | 19.17 | 13.53 | -5.64 | — | 0.32 | 0.02 | -0.30 | ||
2077 | 19.22 | 13.54 | -5.68 | — | 0.32 | 0.02 | -0.30 | ||
2078 | 19.25 | 13.54 | -5.71 | — | 0.32 | 0.02 | -0.31 | ||
2079 | 19.27 | 13.54 | -5.72 | — | 0.32 | 0.02 | -0.31 | ||
2080 | 19.28 | 13.55 | -5.73 | — | 0.32 | 0.02 | -0.31 | ||
2081 | 19.28 | 13.55 | -5.73 | — | 0.32 | 0.02 | -0.31 | ||
2082 | 19.27 | 13.55 | -5.73 | — | 0.32 | 0.02 | -0.30 | ||
2083 | 19.26 | 13.55 | -5.71 | — | 0.32 | 0.02 | -0.30 | ||
2084 | 19.23 | 13.55 | -5.68 | — | 0.32 | 0.02 | -0.30 | ||
2085 | 19.19 | 13.54 | -5.65 | — | 0.32 | 0.02 | -0.30 | ||
2086 | 19.14 | 13.54 | -5.60 | — | 0.32 | 0.02 | -0.30 | ||
2087 | 19.08 | 13.54 | -5.55 | — | 0.32 | 0.02 | -0.30 | ||
2088 | 19.02 | 13.53 | -5.49 | — | 0.32 | 0.02 | -0.30 | ||
2089 | 18.96 | 13.53 | -5.43 | — | 0.32 | 0.02 | -0.30 | ||
2090 | 18.89 | 13.53 | -5.37 | — | 0.32 | 0.02 | -0.30 | ||
2091 | 18.83 | 13.52 | -5.31 | — | 0.31 | 0.02 | -0.30 | ||
2092 | 18.78 | 13.52 | -5.26 | — | 0.31 | 0.02 | -0.30 | ||
2093 | 18.73 | 13.52 | -5.22 | — | 0.31 | 0.02 | -0.30 | ||
2094 | 18.70 | 13.51 | -5.18 | — | 0.31 | 0.02 | -0.30 | ||
2095 | 18.67 | 13.51 | -5.16 | — | 0.31 | 0.02 | -0.30 | ||
2096 | 18.65 | 13.51 | -5.14 | — | 0.31 | 0.02 | -0.30 | ||
2097 | 18.64 | 13.51 | -5.13 | — | 0.31 | 0.02 | -0.30 | ||
2098 | 18.64 | 13.51 | -5.13 | — | 0.31 | 0.02 | -0.30 | ||
2099 | 18.65 | 13.51 | -5.14 | — | 0.31 | 0.02 | -0.30 | ||
2100 | 18.67 | 13.51 | -5.15 | — | 0.31 | 0.02 | -0.30 |
Summarized Estimates
Proposal | Change from Current Law | ||||||||
---|---|---|---|---|---|---|---|---|---|
Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
2025-2099 | 17.84% | 13.80% | -4.05% | 2034 | 0.23% | 0.01% | -0.22% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
Based on Intermediate Assumptions of the 2025 Trustees Report.