Social Security Payments
type: Class
preferred label: Social Security Income
alternative label: Pension Payments
alternative label: Social Insurance Benefits
alternative label: Social Security Retirement Payments
alternative label: Social Welfare Payments
subclass of: RSwOCeFhWxUA3fOiTvlja4
definition: Social Security Payments are government-provided financial benefits designed to support individuals who are retired, disabled, or survivors of deceased workers. These payments are funded through payroll taxes and aim to provide a safety net for individuals and their families, ensuring a basic level of income.