Answer the following statement(s) true (T) or false (F)
1.The payroll taxes that workers pay into Social Security are held for them in an account so that when they retire, they can begin to draw a pension from that account.
2.Those who pay more into the Social Security program during their working lives receive greater benefits when they retire.
3.Pensions paid to retired Americans have not been taxable.
4.The incremental adjustments made to the Social Security program over the last 80 years were sufficient to make fundamental reform unnecessary.
5.Under the current system, if individuals choose to retire before reaching the official retirement age, their benefits are reduced even if they have been paying into the system for years.
1.false
2.true
3.true
4.false
5.true
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President using his influence on policy is known as ________ ________.
Fill in the blank(s) with the appropriate word(s).
A place of employment that requires all employees to join a union is a(n) __________ shop, while those that give the employees a choice of union membership or paying the equivalent of what their union dues would have been is a(n) __________ shop
A) closed; union B) union; open C) union; closed D) open; closed E) closed; open