social security

noun
1.
(usually initial capital letters) 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 providing economic security and social welfare for the individual through government programs maintained by moneys from public taxation.

Origin:
1930–35

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
social security
 
n
1.  public provision for the economic, and sometimes social, welfare of the aged, unemployed, etc, esp through pensions and other monetary assistance
2.  (often capitals) a government programme designed to provide such assistance

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
It's not the taxes, but the social security contributions.
Don't forget to include social security in your calculations.
Now her social security pays for her car insurance and other expenses, and she
  contributes a bit for food and rent at my place.
It is a necessity for our economic and social security.
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