Asked by Michael Williams on May 19, 2024
Verified
To pay for social insurance programs administered by the Social Security Administration, employers, employees, and the unemployed must contribute.
Social Insurance Programs
Government-sponsored programs designed to provide financial support to individuals in events such as unemployment, disability, or retirement.
Social Security Administration
A U.S. government agency that administers social security, a social insurance program consisting of retirement, disability, and survivors' benefits.
- Recognize the legal consequences of non-compliance with unemployment and social insurance contributions by employers.
Verified Answer
LW
lynetta watersMay 24, 2024
Final Answer :
False
Explanation :
Social insurance programs, such as those administered by the Social Security Administration, are funded by contributions from employers and employees, not the unemployed.
Learning Objectives
- Recognize the legal consequences of non-compliance with unemployment and social insurance contributions by employers.
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