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18 Cards in this Set
- Front
- Back
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Active Euthanasia |
assisted suicide; occurs when a physician, close friend, or relative helps an ill or disabled person terminate his or her life |
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Euthanasia |
the act of killing or permitted the death of a hopelessly sick or injured individual in a painless way as an act of mercy |
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Hospice |
a place where the terminally ill are allowed to die easily and at peace |
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Living Will |
document in which an individual can specify his or her wishes for treatment in advance in case he or she should become terminaly ill |
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Passive Euthanasia |
involves withholding or withdrawing medical treatment to the hopelessly ill |
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Suttee |
a form of widow sacrifice |
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Defined contribution |
a pension benefit based on the amount that has accumulated in the account |
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Defined benefit |
a pension plan in which the benefit level is based on years of service and prior earnings |
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Vesting rules |
a minimum number of years a worker is required to be employed by a firm to be eligible for a pension |
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IRA |
way of using the tax code to encourage people to save for retirement |
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Annuity |
a financial contract with an insurance company that provides regular payments from your contract until you die |
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Dual entitlement |
a term that describes the benefits of an individual who is eligible for Social Security benefit as a worker and an additional benefit as a spouse |
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Redlining |
the banking practice of denying loans to people who live in certain neighborhoods |
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Spouse benefit |
a social security benefit paid to the spouse of a retired worker that is equal to 50% of the worker's benefit |
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Survivor's benefit |
a social security benefit payable to the widow or widower of a deceased worker; equal to 100% of the worker's benefit |
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Entitlement crisis |
the perception that entitlement spending is causing the federal deficit, consuming a disproportionate share of the federal budget, and crowding out funds for other social needs |
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Generational equity |
the view that there is a political trade-off between meeting the needs of the young and the old, that the flow of resources to the elderly has been inequitable, and that this issue will create intergenerational conflict |
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Townsendmovement |
the first major social movement consisting primarily of older people; give all people aged 65 and older a pension of $150 a month |
