Which of the following is an indication that the government has recognized that problems with Social Security funding make it highly unlikely that future Social Security benefits will be sufficient to provide retirees with enough income for a comfortable retirement?
A) The government has provided cost-of-living adjustments to Social Security recipients.
B) The government has invested the contributions in high-yielding investment securities.
C) The government has established incentives for workers to save their own money for retirement.
D) The government has passed legislation to require Social Security to maintain a balanced budget.

Question

Quizplus · Accepted Answer

The fact that the government has established incentives for workers to save their own money for retirement indicates that they recognize that Social Security benefits may not be sufficient for a comfortable retirement. By encouraging individuals to save on their own, the government is acknowledging that Social Security may not provide enough income to support retirees. The other options (A, B, and D) do not necessarily indicate that the government recognizes the funding problems with Social Security. Cost-of-living adjustments, for example, may simply be a response to inflation, while investing in high-yielding investment securities and passing legislation for a balanced budget could be measures taken to improve Social Security's financial health without necessarily implying a recognition of its insufficient benefits.

Which of the Following Is an Indication That the Government