The retirement benefits for older adults with histories of work under the Social Security Act were both residual and universal. The Option A is correct.
A retirement benefits means those benefits payable to the member of the pension scheme on retirement or withdrawal from service such as retirement pensions, retirement lump sums, gratuities; benefits on death etc.
Concerning this benefit, the Social Security Act, as signed into law by President Roosevelt created a social insurance program designed to pay the retired workers age 65 or older a continuing income after retirement.
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