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Code · BILL · 114th Congress · H.R. 4529 (Introduced in House) — To amend title II of the Social Security Act to provide for an annual increase in the contribution and benefit base,... · Sec. 3

Sec. 3. Exclusion of certain childcare years from benefit computation formula

180 words·~1 min read·/bill/114/hr/4529/ih/section-3

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Section 215(b)(2) of the Social Security Act ( 42 U.S.C. 415(b)(2) ) is amended— in subparagraph (A), by striking The number and inserting Subject to subparagraph (C), the number ; and by adding at the end the following: The number of an individual’s benefit computation years determined under subparagraph
(A)shall be further reduced (after application of the reduction under such subparagraph) by the number of childcare years of the individual (not exceeding 5), except that not more than 2 years may be determined to be a childcare year on the basis of the individual’s status as a primary caregiver for the same child. For purposes of this subparagraph, the term childcare year means, with respect to an individual, an elapsed year of the individual— during which the individual is the primary caregiver for a child under 6 years of age; and for which the total of the individual's wages and self-employment income is $0. . The amendments made by subsection
(a)shall apply with respect to the computation or recomputation of a primary insurance amount after calendar year 2016.
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Sec. 3
Exclusion of certain childcare years from benefit computation formula
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