The Pay-As-You-Go Nature of the Social Security System Means That

question 29

Multiple Choice

The pay-as-you-go nature of the Social Security system means that _____.

• A)current beneficiaries are paid out of general tax revenues
• B)current beneficiaries are paid out of the payroll taxes levied on current workers
• C)current beneficiaries are paid based on contributions made during their last five working years
• D)current beneficiaries are paid out of current earnings on the Social Security trust fund

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