Multiple Choice
Which of the following does not describe a factor contributing to the financial improvements felt by older people in the 1960s and 1970s?
A) Congress added a cost of living increase to Social Security between 1968 and 1971.
B) The government added a 20% increase to Social Security benefits in 1972.
C) The federal government made SSI payments to over 2 million older people in 1971, bringing up the average yearly income for seniors.
D) New retirees had paid into Social Security and pension plans longer than retirees in the past, thus allowing these retirees better benefits.
Correct Answer:
Verified
Correct Answer:
Verified
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