Which of the following is the fundamental purpose of legally required benefits?

Question

Quizplus · Accepted Answer

The fundamental purpose of legally required benefits is social insurance, which aims to provide economic security and protection to workers and their families in the event of unemployment, disability, or retirement. Social Security benefits are one example of legally required benefits that fulfill this purpose. Paid time off may be included as a benefit, but it is not the fundamental purpose of legally required benefits. Tax revenue source for the government is not the purpose of legally required benefits.

Which of the Following Is the Fundamental Purpose of Legally