social insurance
noun
: protection of the individual against economic hazards (such as unemployment, old age, or disability) in which the government participates or enforces the participation of employers and affected individuals
Example Sentences
Recent Examples on the Web Biden hit Johnson on drug pricing, key social insurance programs and the Jan. 6 insurrection at the U.S. Capitol. 
Bill Glauber, Journal Sentinel, 5 Sep. 2022 No passwords, bank account numbers, full payment card details, social security, or social insurance details were compromised, however. Matthew Humphries, PCMAG, 26 Aug. 2022 The basic reason why Congress added an earnings test to the Social Security law is because Social Security is considered to be a social insurance program. Laurence Kotlikoff, Forbes, 22 May 2022 As Economist Kathleen Romig notes, Republicans and Democrats have come together before to solve big social insurance problems. Teresa Ghilarducci, Forbes, 3 Jan. 2022 The company was told in July to ensure its workers are paid above minimum wage, get basic social insurance and a relaxation in delivery deadlines. Yue Wang, Forbes, 8 Oct. 2021 Instead, China generates the bulk of its tax revenue from two levies that fall disproportionately on the poor: value added taxes on consumer goods and social insurance taxes. Yvonne Lau, Fortune, 26 Oct. 2021 Arnone emphasizes the distinction between social assistance programs, which are means-tested and targeted, and social insurance programs such as Medicare and Social Security, which are designed to be universal. Los Angeles Times, 21 Oct. 2021 The United States has long been an entitlement society, with the government operating a variety of social insurance programs to lessen hardship. Steve Chapman, chicagotribune.com, 13 Oct. 2021 See More
Bill Glauber, Journal Sentinel, 5 Sep. 2022 No passwords, bank account numbers, full payment card details, social security, or social insurance details were compromised, however. Matthew Humphries, PCMAG, 26 Aug. 2022 The basic reason why Congress added an earnings test to the Social Security law is because Social Security is considered to be a social insurance program. Laurence Kotlikoff, Forbes, 22 May 2022 As Economist Kathleen Romig notes, Republicans and Democrats have come together before to solve big social insurance problems. Teresa Ghilarducci, Forbes, 3 Jan. 2022 The company was told in July to ensure its workers are paid above minimum wage, get basic social insurance and a relaxation in delivery deadlines. Yue Wang, Forbes, 8 Oct. 2021 Instead, China generates the bulk of its tax revenue from two levies that fall disproportionately on the poor: value added taxes on consumer goods and social insurance taxes. Yvonne Lau, Fortune, 26 Oct. 2021 Arnone emphasizes the distinction between social assistance programs, which are means-tested and targeted, and social insurance programs such as Medicare and Social Security, which are designed to be universal. Los Angeles Times, 21 Oct. 2021 The United States has long been an entitlement society, with the government operating a variety of social insurance programs to lessen hardship. Steve Chapman, chicagotribune.com, 13 Oct. 2021 See More Word History
First Known Use
1890, in the meaning defined above
Legal Definition
social insurance
noun
: insurance of the individual against certain hazards (as unemployment, old age, and disability) that is undertaken, facilitated, or enforced by government