Proposed Provision: B4.4. Reduce the number of computation years (increase dropout years) for parents having a child in care under the age of 6. The parent must have no earnings (covered or non-covered) for the year to be eligible for the credit. Only one parent can claim the childcare added dropout year for a given earnings year. Each parent can earn at most 2 dropout years per child, and a maximum of 5 dropout years in total. The years designated as childcare years do not have to be the years that could otherwise be included in the computation of the average indexed monthly earnings (AIME). The provision would be effective for all benefits payable for entitlement in January 2020 and later (without regard for when the beneficiary became initially eligible).

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2018288288
2019272272
2020256255
2021239238
2022223221
2023206204
2024188187
2025171169
2026154152
2027137135
2028120118
2029104101
20308683
20316966
20325148
20333329
20341410
2035-5-10
2036-25-30
2037-46-50
2038-67-72
2039-88-93
2040-110-115
2041-132-138
2042-154-160
2043-176-183
2044-199-206
2045-221-229
2046-244-251
2047-267-274
2048-289-297
2049-312-320
2050-335-344
2051-358-367
2052-381-390
2053-403-413
2054-426-436
2055-450-460
2056-473-483
2057-496-507
2058-520-531
2059-544-556
2060-569-581
2061-594-606
2062-619-632
2063-645-658
2064-671-685
2065-698-712
2066-725-739
2067-752-767
2068-780-795
2069-808-824
2070-837-853
2071-866-882
2072-896-913
2073-927-944
2074-958-975
2075-990-1008
2076-1023-1041
2077-1057-1075
2078-1092-1111
2079-1128-1147
2080-1165-1184
2081-1202-1222
2082-1240-1260
2083-1278-1299
2084-1316-1337
2085-1354-1376
2086-1392-1414
2087-1430-1453
2088-1468-1491
2089-1505-1529
2090-1543-1567
2091-1580-1605
2092-1618-1643
2093-1655-1681
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