Social Welfare Quiz 9

Social Security exhibits equality and fairness in resource distribution by race and gender.

False

The Social Security trust funds are projected to run out by 2020.

False

The Unemployment Insurance (UI) program is financed through an employer tax that entitles the employer to receive a tax credit. All taxes collected by employers are deposited in the:

Federal Unemployment Trust Fund

The following program was part of the original Social Security Act of 1935:

Old Age Insurance

The overall intent of the Social Security Act was to create programs that would:

Respond to immediate crisis while planning for long term security

The two major programs of social insurance are:

Social security and unemployment insurance

Which of the following is NOT true about Unemployment Insurance (UI)?

The federal government directly administers the benefits

Social Security is our oldest continuing federal social welfare program.

True

The most well known social insurance program is the Old-Age, Survivors, and Disability Insurance (OASDI) program, commonly referred to as Social Security.

True

Today, social insurance programs include:

Unemployment Insurance