Recent Changes to Old Age Security Forces Workers to Wait

question 71

Multiple Choice

Recent changes to old age security forces workers to wait until what age to claim old age security?

• A) 60
• B) 63
• C) 65
• D) 67
• E) 69

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Definitions:

Higher Income

Refers to earnings that are above the median income level for a given region or population, often associated with greater economic stability and purchasing power.

Poverty Line

is a threshold set by a government or organization, below which individuals or families are considered to live in poverty, based on income.

Poverty Rate

A measure of the proportion of a population living below the poverty line, indicating the extent of economic hardship.

Working Poor

Individuals who have employment but whose income levels fall below a poverty line, typically due to low-paying jobs.