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
Examples of social insurance in a Sentence
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This feature is similar the French model of long-term care social insurance where every retiree gets some benefit but the amount is linked to beneficiaries’ ability to pay.
—
Howard Gleckman, Forbes, 15 Oct. 2024
The announcement comes as the national social insurance plan faces a severe financial shortfall in the coming years.
—Shawn Tully, Fortune, 10 Oct. 2024
Undocumented immigrants contributed $33.9 billion in federal social insurance taxes in 2022 toward Social Security, Medicare and unemployment insurance, according to the Institute on Taxation and Economic Policy.
—Lorie Konish, CNBC, 1 Oct. 2024
Additionally, non-residents will now only need to pay taxes or social insurance for a year before purchasing a home in the city’s suburbs, down from three years.
—Jason Ma, Fortune Asia, 30 Sep. 2024
See all Example Sentences for social insurance 
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Howard Gleckman, Forbes, 15 Oct. 2024
The announcement comes as the national social insurance plan faces a severe financial shortfall in the coming years.
—Shawn Tully, Fortune, 10 Oct. 2024
Undocumented immigrants contributed $33.9 billion in federal social insurance taxes in 2022 toward Social Security, Medicare and unemployment insurance, according to the Institute on Taxation and Economic Policy.
—Lorie Konish, CNBC, 1 Oct. 2024
Additionally, non-residents will now only need to pay taxes or social insurance for a year before purchasing a home in the city’s suburbs, down from three years.
—Jason Ma, Fortune Asia, 30 Sep. 2024
See all Example Sentences for social insurance
Dictionary Entries Near social insurance
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“Social insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/social%20insurance. Accessed 5 Nov. 2024.
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