Question 43 (1 point)

_____ increases are provided as part of social security benefits for each year that the consumer price index increases.

Question 43 options:

Unemployment benefits

Cost-of-living

Disability benefits

Tuition

Retirement plan

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Question 44 (1 point)

Beneficiaries do not get free coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

Question 44 options:

True

False

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Question 45 (1 point)

According to the Employee Retirement Income Security Act (ERISA), the rights of employees to a pension upon retirement are known as _____.

Question 45 options:

vesting rights

portability rights

transfer rights

fiduciary rights

funding rights

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Question 46 (1 point)

The smaller the cost of a benefit category, the greater the opportunity for savings.

Question 46 options:

True

False

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Question 47 (1 point)

The unemployment insurance program is financed largely through federal and state taxes on _____.

Question 47 options:

employees

employers

retired personnel

general public

employment agencies

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Question 48 (1 point)

The workers' compensation cost to an employer is based on the:

Question 48 options:

type of competition faced.

employer's profitability.

employee's profitability.

employer's experience rating.

employee's experience rating.

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Question 49 (1 point)

Which of the following affects the amount of income that will be available to an employee upon retirement in defined contribution plans?

Question 49 options:

The number of times an employee shifted jobs

The number of employees covered in the plan

The size of the organization

The level of job performance

The age at which investments are made