27 6f 30 (14 complete) This Test: 120 EL NAM ral Which of the following statemen

Question

27 6f 30 (14 complete) This Test: 120 EL NAM ral Which of the following statements is correct? O A. O B. O C. O D. As a public transfer payment, Social Security benefit is available only to the poor The Social Security program funnels transfers from retired individuals to the youngest children of low income families Social Security is an entitlement which is available to everyone, including those who have not contributed to the fund during their active work years Social Security benefits are received by people who had contributed to the fund during their active work years E BITS! affec MIT

Explanation / Answer

Option d is correct

Social security is an entitlement program which is available only to those workers who are now retired and who have actively contributing in the social security fund when they were working during their working life. It is also provided to the disabled people under specific circumstances. The fund are transferred from the current working population and directed towards these retirees.

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