Which of the following laws requires that employers and employees pay equally for Social Security retirement benefits?

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B)The Federal Insurance Contribution Act (FICA)requires that employees and employers pay a portion of the cost of OASDI and Medicare coverage.Both the employer and employee each pay 6.2 percent of an employee's pay for the Social Security portion and 1.45 percent for Medicare.These amounts are deducted from an employee's paycheck and usually appear as FICA and Medicare (or HI for hospital insurance).Self-employed individuals pay the entire amount (15.3 percent).The Federal Unemployment Tax Act applies to the requirement that employers contribute to the Social Security unemployment insurance program on behalf of their employees.The Pension Protection Act and Employee Retirement Income Security Act apply to discretionary retirement programs such as 401(k)plans and pension plans.

Which of the Following Laws Requires That Employers and Employees