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Author Question: Which of the following statements about a worker's primary insurance amount is (are) true? I. It ... (Read 48 times)

Charlie

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on: Jul 11, 2018
Which of the following statements about a worker's primary insurance amount is (are) true?
 
  I. It is the monthly amount paid to a worker who elects early retirement at age 62.
  II. It is equal to 50 percent of the worker's final average pay that was subject to Social Security taxes.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following statements about the characteristics of social insurance programs is true?
 
  A) They are designed to provide a floor of income with respect to the risks that are covered.
  B) Social insurance benefits payments are unrelated to income.
  C) Participants are required to satisfy a means test to receive benefits.
  D) With few exceptions, participation in social insurance programs is voluntary.


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marict

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: A


Charlie

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
:D TYSM

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