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 2025 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
2023204204
2024187187
2025168167
2026149148
2027131130
2028114112
20299694
20307876
20316058
20324341
20332522
203474
2035-12-15
2036-31-34
2037-51-54
2038-70-74
2039-91-95
2040-112-116
2041-133-138
2042-154-159
2043-176-181
2044-198-204
2045-220-226
2046-243-249
2047-265-271
2048-288-294
2049-311-318
2050-333-341
2051-357-364
2052-380-388
2053-403-411
2054-427-435
2055-450-459
2056-474-483
2057-498-507
2058-522-532
2059-547-556
2060-572-582
2061-597-608
2062-623-634
2063-650-661
2064-677-689
2065-705-717
2066-733-745
2067-762-774
2068-791-803
2069-820-833
2070-850-863
2071-880-894
2072-911-925
2073-942-956
2074-974-988
2075-1006-1021
2076-1039-1054
2077-1074-1089
2078-1108-1124
2079-1144-1160
2080-1181-1197
2081-1218-1235
2082-1256-1273
2083-1294-1312
2084-1333-1351
2085-1373-1391
2086-1413-1432
2087-1453-1472
2088-1494-1513
2089-1534-1554
2090-1574-1594
2091-1613-1634
2092-1651-1673
2093-1689-1711
2094-1726-1748
2095-1762-1785
2096-1798-1821
2097-1833-1857
2098-1868-1892
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