FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RBsFqa5TMQWMQHxVngr0isg
Label Social Security Contribution
Preferred Label Social Security Tax Payment
Identifier N/A
Alternative Labels
Social Insurance Contribution Social Insurance Payment

Definition

A Social Security Contribution refers to the payment made by employees and employers to fund the social security system, which provides benefits for retirement, disability, and survivorship. These contributions are typically deducted from wages and matched by employers, ensuring financial support for eligible beneficiaries.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

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Parent Class Of 0

  • None

Translations

🇺🇸

en-us

FICA Payment

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

  • None

Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available