Social Security Definition

noun
Any system by which a society or community provides for those of its members who may be in need.
Webster's New World
In the U.S., a federal system of social-insurance and welfare programs, including Medicare and Medicaid, paying benefits to eligible persons who are retired, unemployed, disabled, indigent, etc.
Webster's New World
The economic assistance provided by social security.
American Heritage
Benefits paid by this system, esp., the monthly check issued to eligible retirees.
Webster's New World
A federal program established by the Social Security Act in 1935 in response to the Great Depression, it is a form of universal insurance contributed to by all workers and administered by the Social Security Administration that distributes benefits to retired workers when they be come eligible, by virtue of age or disability, and to survivors. The act also gives assistance in the form of aid to families with dependent children.
Webster's New World Law
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