What Distinguishes a Means-Tested Program from a Social Insurance Program

question 33

Multiple Choice

What distinguishes a means-tested program from a social insurance program?

• A) A means-tested program extends benefits based upon age categories, while a social insurance program provides benefits based upon immediate need.
• B) A means-tested program only extends to benefits for the elderly, while a social insurance program extends benefits to everybody.
• C) A social insurance program extends benefits only to the working poor, while a means-tested program extends benefits to everyone, regardless of social class.
• D) A social insurance program provides benefits based upon demonstrated need, while a means-tested program provides benefits based upon lifetime contributions.
• E) A social insurance program provides benefits based upon lifetime contributions, while a means tested program provides benefits based upon demonstrated need.

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Definitions:

Time Horizon

The fixed point of time in the future at which certain processes or events are anticipated to occur or be completed.

Succession Management

A targeted approach to identifying and fostering the development of internal talent to ensure continuity in critical organizational roles.

Senior Leaders

Senior Leaders are individuals at the top levels of an organization who are responsible for making strategic decisions and guiding the organization towards achieving its goals.

Current Evaluations

The process of assessing the present performance, condition, or value of an individual, system, or entity based on recent data or observations.