QUESTION IMAGE
Question
which of the following statements accurately describes the result of a decreasing worker - per - beneficiary ratio in social security system?
a. fewer taxed workers than beneficiaries means that the system is collecting more money for the money being drawn out. this leaves money in the system and secures benefits for future beneficiaries.
b. fewer taxed workers than beneficiaries means that the system is collecting more money for the money being drawn out. this leaves a shortage of money in the system making benefits for future beneficiaries unsure.
c. fewer taxed workers than beneficiaries means that more money is being drawn from the system for the money put in. this leaves a shortage of money in the system making benefits for future beneficiaries unsure.
d. fewer taxed workers than beneficiaries means that more money is being drawn from the system for the money put in. this leaves money in the system and secures benefits for future beneficiaries.
please select the best answer from the choices provided
When there are fewer taxed workers (those paying into the Social Security system) than beneficiaries (those drawing out money), more money is being withdrawn from the system compared to what is being put in. This imbalance creates a shortage of funds in the system. A shortage makes the benefits for future beneficiaries uncertain as there may not be enough money to sustain the payments.
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C. Fewer taxed workers than beneficiaries means that more money is being drawn from the system for the money put in. This leaves a shortage of money in the system making benefits for future beneficiaries unsure.