Which of the following best describes worker's compensation benefits?

Worker's compensation benefits are specifically designed to provide financial assistance to employees who sustain injuries or illnesses as a result of their work. This system ensures that workers who are hurt on the job receive compensation for medical expenses, rehabilitation costs, and a portion of their lost wages while they are unable to work due to their injury. This safety net not only helps affected workers manage the financial burdens associated with their recovery but also serves to protect employers by limiting their liability in cases of workplace injuries.

The other options do not align with the purpose of worker's compensation. Payments to retirees relate to pensions rather than injury compensation, while payments to individuals without a job refer to unemployment benefits. Additionally, payments for educational expenses do not fall under worker's compensation, as that concern is typically dealt with through separate educational grants or loans. Thus, the identification of option B as the correct description clearly captures the essence and function of worker's compensation benefits within the context of employee welfare.