How is Social Security awarded in the United States?
What will be an ideal response?
The federal Social Security system provides limited retirement and death benefits to certain employees and their dependents. The Social Security system is administered by the Social Security Administration. Social Security benefits include (1) retirement benefits, (2) survivors' benefits to family members of deceased workers, (3) disability benefits, and (4) medical and hospitalization benefits. Under the Federal Insurance Contributions Act (FICA), employees must make contributions (i.e., pay taxes) into the Social Security fund. An employee's employer must pay a matching amount. Social Security does not operate like a savings account. Instead, current contributions are used to fund current claims. The employer is responsible for deducting employees' portions from their wages and remitting the entire payment to the federal government. Under the Self-Employment Contributions Act, self-employed individuals must pay Social Security contributions, too. The amount of tax self-employed individuals must pay is equal to the combined employer-employee amount. Failure to submit Social Security taxes subjects the violator to interest payments, penalties, and possible criminal liability. Social Security taxes may be changed by an act of Congress.
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A challenge in integrating information systems is that the United States uses a 12-hour time notation with the addition of a.m. or p.m., while other parts of the world use a 24-hour notation.
Answer the following statement true (T) or false (F)
Which act requires employers with federal contracts over $2500 to take affirmative action for the employment of disabled persons? It requires an employer take steps to accommodaqte a disabled worker unless that causes undue hardship
A. Vocational Rehabilitation Act of 1973 B. pregnancy discrimination act C. Equal Pay Act D. Title VII of Civil Rights Act 1964
Which element of expectancy theory could be phrased as the question, "What's the probability that, if I work very hard, I'll be able to do a good job?”
a. Expectancy b. Instrumentality c. Effort d. Valence
__________________ is often the most important issue when a company acquires a brand.
a. Maintaining brand loyalty b. Maintaining brand value c. Maintaining brand image d. Maintaining brand promise