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social security

The definition of Social Security is a federal program funded by U.S. employees and employers to provide funds to retired, unemployed and disabled workers.

(noun)

An example of Social Security is a monthly check received by a retired worker which is based on the age of the worker and the amount of money the worker has earned over their work history.

See social security in Webster's New World College Dictionary

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any system by which a group provides for those of its members who may be in need
in the U.S., a federal system of old-age, unemployment, or disability insurance for various categories of employed and dependent persons, financed by a fund maintained jointly by employees, employers, and the government

See social security in American Heritage Dictionary 4

noun

often Social Security Abbr. SS A government program that provides economic assistance to persons faced with unemployment, disability, or agedness, financed by assessment of employers and employees.
The economic assistance provided by social security.

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