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 $21,505 in 2011). The credits are available for all past years to newly eligible retired-worker and disabled-worker beneficiaries starting in 2013. 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
2012340340
2013329329
2014315315
2015302301
2016290288
2017277276
2018265263
2019253250
2020240237
2021227222
2022212207
2023197191
2024181174
2025164157
2026147139
2027129120
2028110100
20299080
20307058
20314936
20322713
20335-10
2034-18-34
2035-41-58
2036-65-83
2037-89-108
2038-114-134
2039-138-160
2040-163-187
2041-189-213
2042-215-240
2043-240-268
2044-266-295
2045-292-323
2046-319-351
2047-346-379
2048-373-408
2049-400-437
2050-428-466
2051-456-496
2052-484-526
2053-512-556
2054-540-586
2055-569-616
2056-598-647
2057-628-679
2058-657-711
2059-688-743
2060-719-776
2061-750-810
2062-782-844
2063-814-878
2064-847-913
2065-880-948
2066-913-984
2067-946-1019
2068-980-1055
2069-1014-1092
2070-1049-1129
2071-1084-1166
2072-1120-1205
2073-1156-1243
2074-1193-1283
2075-1230-1323
2076-1268-1363
2077-1307-1405
2078-1346-1446
2079-1385-1488
2080-1425-1530
2081-1465-1573
2082-1505-1617
2083-1547-1661
2084-1588-1705
2085-1631-1750
2086-1673-1796
2087-1717-1842
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