Welfare II Chp7
Before the Social Security Act was passed in 1935, the only public old-age pensions that existed were limited to certain groups of people. Which of the following groups held pensions at that time?
-Veterans -Federal civil service employees -Employees of some state and local governments
Due to the Social Security Act exclusion of farm laborers and domestic servants, what percentage of the African American population was excluded from receiving benefits?
50%
In 2012 American Airlines approached the biggest pension default in U.S. history. It was _______ short of meeting pension obligations.
8 billion
Under the Social Security Act of 1935, the Social Security Board was responsible for:
Approval of state program plans for unemployment insurance, old-age assistance, and aid to children
Many employees receive pension plans through their employers. This standard benefit is:
Being rapidly phased out of many companies
Social Security crisis that occurred in the 1980's was generated when:
Benefit payments threatened to exceed the incoming tax revenues
A traditional pension plan is also known as a:
Defined benefit plan
What groups were excluded from Title II of the original Social Security Act of 1935?
Domestic servants and farm laborers
AFDC is categorized as what type of entitlement?
Income based entitlement
In order to "strengthen and save" social security President George W. Bush proposed:
adding individual, private investments to the traditional system
The Social Security Act has remained unchanged since its passage in 1935. true or false
false
The initial Social Security Act included a disability insurance program. true or false
false
As Social Security has expanded, both numbers and categories of beneficiaries:
have increased
The use of the term entitlement probably originated:
in legal discussions of welfare in the 1960s
About _________ of Medicaid's money goes to the last two years of its recipients' lives.
one third
Assisting people based on their actual needs is referred to as:
social adequacy
Although we tend to think of old-age insurance as the linchpin of the Social Security Act, the program actually had little support and was almost dropped when the bill went through committee. true or false
true
Medicare provides health coverage for those receiving old age insurance who are over sixty five years of age. true or false
true
Social Security is a valid program that helps a broad range of people; however, there are still inequities in the system and some groups remain underserved. true or false
true
In 1956, social insurance was extended to workers:
with permanent disability aged fifty and older