Social Security System
/ˈsoʊʃəl səˈkjʊrɪti ˈsɪstəm/
Definitions
- (n.) A government-run program providing financial benefits to eligible individuals, including retirement, disability, and survivor benefits.
The social security system ensures income for retired workers.
- (n.) A national framework managing social insurance contributions and entitlements to protect against economic risks.
Employers and employees contribute to the social security system as mandated by law.
Forms
- social security system
- social security systems
Related terms
See also
Commentary
The term is typically uncountable when referring to the concept, but may appear in plural to denote distinct national systems. Legal definitions vary by jurisdiction but commonly encompass programs for retirement, disability, survivors, and health insurance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.