What is characteristic of benefits required by the Social Security Act?

Question

Quizplus · Accepted Answer

The Social Security Act provides benefits based on a worker's past earnings and retirement age. The amount of the benefit increases with the worker's earnings and decreases as the worker's retirement age approaches. The cost of the program is shared by both workers and employers through payroll taxes. The program also provides benefits for disabled workers and their families, as well as survivors' benefits for the families of deceased workers.

What Is Characteristic of Benefits Required by the Social Security