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08-01-2024
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All of the following are characteristics of the social insurance program known as Social Security, except?
1) Fully insured status can be achieved by paying the FICA tax for forty quarters/credits.
2) Retirement age is based upon the worker's birth year.
3) The worker's full retirement benefits are determined by the PIA.
4) Full retirement age is 65 for all persons born after 1937.

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