Retirement Security Law

The Retirement Security Law refers to regulations and policies designed to ensure that individuals have sufficient income and resources during retirement. Within the context of Social Security, it addresses how Social Security benefits are calculated, funded, and distributed to provide financial support for retirees. This law aims to protect against poverty in old age by establishing a safety net through social insurance programs, ensuring that everyone who has paid into the system receives benefits upon retirement, disability, or death. Ultimately, it seeks to promote economic stability and security for retired individuals.