All of the Following Statements About Social Security Are Accurate

All of the following statements about Social Security are accurate EXCEPT:

A) the program is funded by payroll taxes which both the employee and employer pay.
B) it is intended to fully provide retirement or disability income to retired or disabled workers.
C) upon retirement an employee receives Social Security based on a percentage of their average lifetime earnings.
D) most individuals must work for at least 10 years in order to receive full credit towards the program.
E) it is a tax which is considered part of an employee's FICA tax that is withheld from their paycheck.