Proposed Provision: 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 $23,145 in 2014). The credits are available for all past years to newly eligible retired-worker and disabled-worker beneficiaries starting in 2016. The 5 years are chosen to yield the largest increase in AIME.

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

Year Present Law Provision
2015308308
2016298297
2017280280
2018264263
2019248247
2020233232
2021219216
2022204201
2023189185
2024173169
2025157153
2026142137
2027126120
2028110103
20299486
20307769
20316050
20324231
20332312
20344-9
2035-16-30
2036-36-51
2037-57-73
2038-78-95
2039-100-118
2040-122-141
2041-144-164
2042-166-188
2043-189-212
2044-211-236
2045-234-260
2046-257-284
2047-280-309
2048-303-334
2049-327-359
2050-351-384
2051-375-410
2052-398-435
2053-423-461
2054-447-487
2055-472-513
2056-496-540
2057-522-567
2058-548-595
2059-574-623
2060-601-651
2061-629-681
2062-657-711
2063-685-741
2064-714-772
2065-744-803
2066-774-835
2067-804-867
2068-835-900
2069-867-934
2070-899-968
2071-932-1003
2072-965-1038
2073-1000-1075
2074-1035-1113
2075-1072-1151
2076-1110-1191
2077-1148-1232
2078-1188-1274
2079-1228-1317
2080-1268-1360
2081-1309-1403
2082-1350-1446
2083-1391-1489
2084-1432-1533
2085-1472-1576
2086-1514-1619
2087-1555-1663
2088-1597-1708
2089-1640-1753
2090-1683-1799
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