social insurance
5
4.2
- noun
- /ˈsoʊʃəl ɪnˈʃʊərəns/
:
seguro social
- In many countries, social insurance provides financial support to the elderly after they retire.
- social insurance program
- social insurance payments
- social insurance system
This is, quote, retroactive social insurance.
- This is, quote, retroactive social insurance.
Examples
-
Social insurance expenditures include "legally required insurance programs and contractual and private benefit plans."
Academic text (2005) -
Payroll taxation is the principal financing vehicle for Social Security, Medicare, and other social insurance programs.
Academic text (1991) -
Let's first talk about what social insurance is and then ask why we have it.
-
Now, these social insurance schemes are relatively recent innovations.
-
Once underway, the social insurance movement spread rapidly.
Academic text (2002) -
Access to social insurance programs, such as the national pension system and health insurance, was dependent upon citizenship.
Academic text (2016) -
The Social Security system has been reformed many times, but it has always sustained the basic concept of social insurance.
Academic text (2007) -
The compensation figures include all hourly direct compensation as well as employer payments for social insurance.
Academic text (2005) -
Before the crisis, policymakers tended to downplay social insurance and safety net programs in favor of strategies that emphasized economic efficiency.
Academic text (2011) -
My research mainly emphasizes tax policy, government transfers, budgetary measures, social insurance, and entitlements reform.
Blog text (33)
Synonyms
325
2.8
A United States government program that gives money to people who are retired, disabled, or unemployed
18
2.5
Government help for people who need money or basic services
1
3.2
Money the government gives to people or families who have little money
1
4.0
Payments workers and employers must make in Britain to fund government benefits
How Protective
Surface Forms
Morphology
The noun combines 'social' (relating to society or the community) with 'insurance' (a protection/payment arrangement), so a B1 learner who knows both words can infer it means insurance provided by society or the state to cover risks like unemployment, injury, or old age. This compositional pattern is common cross-linguistically (e.g. seguridad social / sécurité sociale), making the meaning transparent.
Etymology
Social insurance comes from the image of people pooling money together: the social part means the community and the insurance part means payment for protection. So it became the name for a system where workers, employers, and government pay in to create a common 'safety net' that helps people who are sick, old, or out of work.