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 $22,564 in 2013). The credits are available for all past years to newly eligible retired-worker and disabled-worker beneficiaries starting in 2015. 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
2014320320
2015306306
2016292292
2017277276
2018262261
2019248246
2020233231
2021219215
2022203200
2023187183
2024171166
2025154148
2026137130
2027119112
202810193
20298373
20306453
20314432
20322310
20332-12
2034-20-35
2035-42-58
2036-65-83
2037-88-107
2038-112-132
2039-136-157
2040-160-183
2041-185-209
2042-210-236
2043-235-262
2044-260-289
2045-285-315
2046-310-343
2047-336-370
2048-362-398
2049-388-426
2050-415-454
2051-442-483
2052-468-511
2053-495-540
2054-523-569
2055-550-599
2056-578-629
2057-606-659
2058-635-690
2059-664-721
2060-694-753
2061-725-785
2062-756-818
2063-787-852
2064-819-886
2065-852-921
2066-885-956
2067-918-991
2068-952-1028
2069-987-1064
2070-1022-1102
2071-1057-1140
2072-1094-1179
2073-1132-1219
2074-1171-1260
2075-1210-1302
2076-1251-1346
2077-1293-1390
2078-1335-1435
2079-1378-1480
2080-1421-1526
2081-1464-1572
2082-1507-1618
2083-1550-1663
2084-1593-1709
2085-1636-1755
2086-1680-1802
2087-1724-1848
2088-1769-1896
2089-1814-1944
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