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Explain the Different Types of Committees and Their Functions

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Explain the different types of committees and their functions.


Definitions:

Social Security

Officially the Old Age Survivors and Disability Insurance Program, another mandated program, was originally designed to provide limited income to retired individuals to supplement their personal savings, private pensions, part-time work, and so forth.

Full Benefits

A comprehensive benefits package offered to employees, which may include health insurance, retirement plans, vacation days, and other perks in addition to salary.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Private Pension Plans

Are prearranged plans administered by the organization that provides income to employees at their retirement.

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