language-iconOld Web
English
Sign In

Social security

Social security is 'any government system that provides monetary assistance to people with an inadequate or no income'. In the United States, this is usually called welfare or a social safety net, especially when talking about Canada and European countries. Social security is asserted in Article 22 of the Universal Declaration of Human Rights, which states: In simple terms, the signatories agree that the society in which a person lives should help them to develop and to make the most of all the advantages (culture, work, social welfare) which are offered to them in the country. Social security may also refer to the action programs of an organization intended to promote the welfare of the population through assistance measures guaranteeing access to sufficient resources for food and shelter and to promote health and well-being for the population at large and potentially vulnerable segments such as children, the elderly, the sick and the unemployed. Services providing social security are often called social services. Terminology in this area is somewhat different in the United States from in the rest of the English-speaking world. The general term for an action program in support of the well being of poor people in the United States is welfare program, and the general term for all such programs is simply welfare. In American society, the term welfare arguably has negative connotations. In the United States, the term Social Security refers to the US social insurance program for all retired and disabled people. Elsewhere the term is used in a much broader sense, referring to the economic security society offers when people are faced with certain risks. In its 1952 Social Security (Minimum Standards) Convention (nr. 102), the International Labour Organization (ILO) defined the traditional contingencies covered by social security as including: People who cannot reach a guaranteed social minimum for other reasons may be eligible for social assistance (or welfare, in American English). Modern authors often consider the ILO approach too narrow. In their view, social security is not limited to the provision of cash transfers, but also aims at security of work, health, and social participation; and new social risks (single parenthood, the reconciliation of work and family life) should be included in the list as well.

[ "Market economy", "Economic growth", "Actuarial science", "Law", "Supplementary benefit", "Retirement Benefit", "Disability benefits", "income security", "Invalidity benefit" ]
Parent Topic
Child Topic
    No Parent Topic
Baidu
map