Which of the following is a true statement regarding the social security (OASDHI) program?

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Which of the following is a true statement regarding the social security (OASDHI) program?

A.The program is fully funded

B.Except for a few exemptions, it is a voluntary program

C.The program provides a minimum floor of income, and is meant to supplement a retirees own personal program

D.The actuarial value of each person’s contribution is equal to the actual value of each persons benefit

Answer: C.The program provides a minimum floor of income, and is meant to supplement a retirees own personal program

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