Social security benefits are:
A) provided on a current-income basis
B) actuarially reserved
C) welfare assistance
D) not funded by general tax revenues

Question

Quizplus · Accepted Answer

Social security benefits are provided on a current-income basis, meaning that current workers pay into the system through payroll taxes in order to provide benefits to current retirees.

Answer: D 
 Social security benefits are not funded by general tax revenues, but rather by the payroll taxes paid by current workers.

Social Security Benefits Are