Social Security System

Cultural  

1. A system of federally funded services and payments to help support the needy, the aged, and the temporarily unemployed as well as providing support for needy, dependent, disabled, or neglected children, rehabilitation for the disabled, and a host of other social services. The system was established as part of the New Deal and is funded by payroll taxes paid by workers and employers.

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Example Sentences

Britain's Prime Minister Keir Starmer will on Monday announce a fresh bid to reform the country's social security system after rebel MPs in his own party blocked reforms proposed last summer.

From Barron's

In Nomura’s view, Beijing’s best bet is to resist the temptation to fuel the stock markets with very high-profile monetary measures, focusing instead on cleaning up the property mess, and addressing deep-rooted problems like inequality in the social security system.

From The Wall Street Journal

Government figures show it is forecast to spend £316.1bn in 2025-26 on the social security system in England, Scotland and Wales, accounting for 10.6% of GDP and 23.5% of the total amount the government spends.

From BBC

The Scottish government is also facing questions about how it will fund its more generous social security system.

From BBC

The amendment, which has been seen by the BBC, notes "the need for the reform of the social security system" before outlining reasons why the bill should be rejected.

From BBC