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 $23,865 in 2015). The credits are available for all past years to newly eligible retired-worker and disabled-worker beneficiaries starting in 2017. 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
2016303303
2017293293
2018277277
2019262261
2020246245
2021231230
2022216214
2023200197
2024183180
2025165162
2026149144
2027132127
2028115109
20299892
20308174
20316456
20324637
20332717
20348-2
2035-11-23
2036-30-43
2037-50-64
2038-71-85
2039-91-107
2040-112-129
2041-133-152
2042-154-174
2043-176-197
2044-197-219
2045-218-242
2046-240-265
2047-262-288
2048-283-311
2049-305-334
2050-327-358
2051-349-381
2052-371-404
2053-393-428
2054-415-452
2055-437-475
2056-460-499
2057-482-524
2058-506-549
2059-529-574
2060-553-599
2061-578-626
2062-603-652
2063-628-679
2064-654-707
2065-680-734
2066-706-763
2067-733-791
2068-760-820
2069-788-850
2070-816-880
2071-845-910
2072-874-942
2073-905-974
2074-935-1006
2075-967-1040
2076-1000-1075
2077-1033-1110
2078-1068-1147
2079-1102-1184
2080-1138-1221
2081-1173-1258
2082-1208-1296
2083-1243-1334
2084-1279-1371
2085-1314-1408
2086-1349-1445
2087-1384-1482
2088-1419-1520
2089-1455-1558
2090-1491-1596
2091-1528-1635
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