True/False
The "pay-as-you-go" Social Security system will ensure that the young people of today will have Social Security benefits in the future when they retire.
The pay-as-you-go Social Security system means that today's workers pay for today's retirees.To date this has worked since there are more workers supporting each retiree.However in 2018,less money will be coming into Social Security than will be going out and there will be a shortfall,suggesting that today's young people will not have Social Security benefits in the future.
Correct Answer:
Verified
Correct Answer:
Verified
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