Social Security Caregiver Credit Act of 2018

Social Security Caregiver Credit Act of 2018 This bill credits an individual with deemed wages, for purposes of calculating Old Age, Survivors, and Disability Insurance benefits, for up to five years of service as a caregiver of a dependent relative. Specifically, an individual shall be deemed to have been paid a wage (according to a specified formula) during each month in which the individual was engaged for at least 80 hours in providing care to a dependent relative without monetary compensation. However, this requirement shall not apply if a larger benefit or payment would otherwise be payable.