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5 Cards in this Set
- Front
- Back
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transfer payments
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benefits given by the government directly to individuals. transfer payments may be either cash transfers, such as social security payments and retirement payments to former government emplyees, or in-kind ransfers, such as food stamps and low interest loans for college education
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social security act of 1935
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created both the social security program and a national assistance program for poor children, usually called "AFDC"
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personal resposibilityand work opportunity reconciliation act (PRWORA)
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the official name of welfare reform law in 1996
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temporary assistance for needy families
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once called aid to families with dependent children, the new name for public assistance to needy families
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social security trust fund
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the bank account into which social security contributions are deposited and used to pay out eligible recipients
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