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Meaning of social insurance

Source language: EnglishDictionary language: English

social insurance

noun

Definitions

  1. Government-mandated provision for the unemployed, injured, or aged, typically funded by a combination of government spending, individual contributions, and employer contributions.

Sources:https://en.wiktionary.org/wiki/social%20insurance

Related words

national insurancesocial securitystrike insurancehealth insuranceunemployment benefitpublic assistanceincome supportassigned risk