Social Security Systems

Social Security systems are government programs designed to provide financial support to individuals during retirement, disability, or survivorship. Funded primarily through payroll taxes, these programs collect contributions from workers and employers. When eligible individuals retire or become disabled, they receive monthly payments to help cover living expenses. In the event of a contributor's death, benefits may also be paid to surviving family members. The goal of Social Security is to ensure basic economic security for citizens, helping to reduce poverty and supporting those who can no longer work.