Proposed Provision: 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 2018 and later (without regard for when the beneficiary became initially eligible).

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

Year Present Law Provision
2016303303
2017293293
2018277276
2019262260
2020246245
2021231230
2022216214
2023200197
2024183180
2025165163
2026149146
2027132129
2028115112
20299895
20308177
20316460
20324642
20332723
203484
2035-11-16
2036-30-36
2037-50-56
2038-71-76
2039-91-97
2040-112-118
2041-133-140
2042-154-161
2043-176-183
2044-197-205
2045-218-226
2046-240-248
2047-262-270
2048-283-292
2049-305-314
2050-327-336
2051-349-359
2052-371-381
2053-393-403
2054-415-426
2055-437-448
2056-460-471
2057-482-494
2058-506-518
2059-529-542
2060-553-566
2061-578-591
2062-603-616
2063-628-642
2064-654-668
2065-680-694
2066-706-721
2067-733-748
2068-760-776
2069-788-804
2070-816-832
2071-845-861
2072-874-891
2073-905-922
2074-935-953
2075-967-985
2076-1000-1018
2077-1033-1052
2078-1068-1087
2079-1102-1122
2080-1138-1158
2081-1173-1193
2082-1208-1229
2083-1243-1265
2084-1279-1300
2085-1314-1336
2086-1349-1371
2087-1384-1407
2088-1419-1443
2089-1455-1479
2090-1491-1515
2091-1528-1553
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