Social Security tax — ➔ tax1 * * * social security tax UK US noun [C or U] US GOVERNMENT, FINANCE, TAX ► money collected from employers and employees by the government to pay people when they retire or because they are ill, unemployed, etc.: »The current rate of… … Financial and business terms
Social Security tax — A portion of the FICA (Federal Insurance Contributions Act) tax that is 12.4% of an individual s net earned income. The employee s share of the Medicare tax is 6.2% of wages up to a certain limit (called the Social Security Wage Base) that… … Law dictionary
Social insurance — is any government sponsored program with the following four characteristics: * the benefits, eligibility requirements and other aspects of the program are defined by statute; * explicit provision is made to account for the income and expenses… … Wikipedia
Social Insurance Number — A Social Insurance Number (SIN) is a number issued in Canada to administer various government programs. The SIN was created in 1964 to serve as a client account number in the administration of the Canada Pension Plan and Canada s varied… … Wikipedia
social security — 1. (usually caps.) a program of old age, unemployment, health, disability, and survivors insurance maintained by the U.S. federal government through compulsory payments by specific employer and employee groups. 2. the theory or practice of… … Universalium
SOCIAL SECURITY AND WELFARE — SOCIAL POLICY In the first three decades of statehood through the end of the 1970s Israel acquired the basic features of a modern welfare state. This meant that Israel succeeded in developing a broad network of social services that included… … Encyclopedia of Judaism
Social health insurance — (SHI) is a method for financing health care costs through a (governnment mandated) social insurance program based on the collection of funds contributed by individuals, employers, and sometimes government subsidies.Eldis.com.… … Wikipedia
Social Security — n 1: the principle or practice or a program of public provision (as through social insurance or assistance) for the economic security and social welfare of the individual and his or her family; esp often cap both Ss: a U.S. government program… … Law dictionary
Social Security Administration — Official seal Agency overview Formed August 14, 1935 Jurisdiction … Wikipedia
Social welfare in Japan — Social welfare, assistance for the ill or otherwise disabled and for the old, has long been provided in Japan by both the government and private companies. Beginning in the 1920s, the government enacted a series of welfare programs, based mainly… … Wikipedia
Social welfare provision — Social welfare redirects here. For other uses see Welfare A social welfare provision refers to any program which seeks to provide a minimum level of income, service or other support for many marginalized groups such as the poor, elderly, and… … Wikipedia