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QUESTION 5 The goal of the social security system is to ensure that the elderly

ID: 1195961 • Letter: Q

Question

QUESTION 5

The goal of the social security system is to ensure that the elderly retire with

all health care needs met by the federal government.

a lifestyle that is above the poverty level.

the same lifestyle they enjoyed when working.

a slightly reduced income level and a significantly earlier retirement.

a better lifestyle than they enjoyed when working.

all health care needs met by the federal government.

a lifestyle that is above the poverty level.

the same lifestyle they enjoyed when working.

a slightly reduced income level and a significantly earlier retirement.

a better lifestyle than they enjoyed when working.

Explanation / Answer

option (b) is correct

a lifestyle that is above the poverty level.

as we know Social Security has radically reduced poverty in old age, it ensures basic income to old age people.

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