Employee retirement income security act

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Reference no: EM133326033

Questions

1. Which of the following is NOT a characteristic of baby boomers compared to their parents' generation?

-They married younger.

-They waited longer to have children.

-They have more debt.

-They had fewer children.

2. What is the main objective of the Employee Retirement Income Security Act?

-To guarantee that women and minorities do not receive lower pension benefits than white males.

-To make the government take over a pension plan if company goes bankrupt.

-To ensure that companies set aside enough money in their pension funds to pay the benefits they promised.

-To ensure that widows of decreased workers continue to receive full pension benefits.

3. For Native Americans, health care is provided by the Indian Health Services, which is the responsibility of the which government?

-tribe.

-local government.

-state government.

-federal government.

4. What has been the trend in the earnings gap between black and white men in the past decade?

-It has widened.

-It has increased by 50 percent.

-It has stayed about the same.

-It has decreased.

5. Which of the following is NOT one of the stresses that LGBT individuals face over the life course?

-job discrimination

-worse health compared to heterosexuals

-greater stress

-less inequality as they age

6. Which group is covered by the Retirement Equity Act?

-private sector employees

-federal employees.

-state government employees.

-local government workers.

7. Which group is least likely to receive pension income in old age?

-Asians

-Blacks

-Whites

-Hispanics

8. What was the main goal of the Townsend movement?

-It was a movement dedicated to improving the image of older women.

-It called for the privatization of Social Security and Medicare.

-It proposed that all people 65 or older should receive a pension of $150 a month.

-It recommended that only wives should be eligible for spouse or widow's benefit.

9. Which is NOT one of the reasons young people 18-29 are more likely to vote for Democrats?

-They are more willing to describe themselves as liberal or progressive.

-They are more religious and less secular than older people.

-They are more racially and ethnically diverse than older voters.

-They are more likely to support an activist government.

10. Which of the following is NOT one of the pension reforms that occurred in France as a way to reduce pension spending?

-Raised the retirement age to 70.

-Increased the number of years a public sector employee must work for full benefits to 42.

-Increased the time period used to determine pensions from the best 10 years to the best 25 years in the labor force.

-Increased the number of years an individual in the private sector must work from 37.5 years to 40 years.

11. Research has found lower voter turnout among people with:

- caregiving responsibilities.

-little or no employment.

-health disabilities.

-limited transportation.

12. In which year were young people age 18-29 most likely to vote?

-2016

-2018

-2012

-2000

13. The largest senior voluntary organization is the:

-AARP.

-Gray Panthers.

-National Council of Senior Citizens.

-National Association of Retired Federal Employees.

14. Which of the following is NOT a reason older people do not engage in bloc voting:

-They do not know how their representatives vote on most issues

-Other issues are more important than age.

-They are diverse in terms of income, race and education.

-They belong to a homogenous group.

Reference no: EM133326033

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