What does social security mean in English?

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social security Meaning, Definition, Pronunciation, Grammar & Synonyms❤️

0 a system of payments made by the government to people who are ill, poor, or who have no job:
- He's on social security.
1 the US government program that provides financial help and services for old people, people whose husbands or wives have died, and people who are unable to work
2 a system of payments by the government to people who are ill, poor, or have no job:
- I didn't want to be on social security.
- Unless you are claiming social security or are a pensioner, you have to pay for each visit to the doctor in Ireland.
- She might be entitled to a social security benefit called disability living allowance.
- a social security system
3 a tax system in the US in which the government collects money from workers and companies so that it can make payments to people who are unemployed, ill, or too old to work:
- pay social security contributions
- Will my military pension count against the $11,500 I can earn before losing social security benefits?
- Besides paperwork, another burden on the employer is the social security system.

Incentives to retire later - a solution to the social security crisis?
Note that the labor costs of the firm include a share of social security contributions.
Therefore, as much as 30 % of this population group was out of the social security system.
We present two versions of this result, considering two different types of social security schemes.
We show that any equilibrium of this type can be supported by a nonmonetary equilibrium with a saving-based social security system, and vice versa.
The general equilibrium effects of social security as well as its distortionary effects are ignored.
After retirement, they receive social security benefits in the benchmark economy.
This concern has encouraged calls to delay retirement so as to prevent the depletion of social security reserves.