Identification
- Label (rdfs)
- Contributory Benefit
- Preferred Label
- None
- Alternative Labels
- Contribution-Based Benefit, Payroll Tax-Funded Benefit, Social Insurance Benefit
- Identifier
- N/A
Definition and Examples
- Definition
- A type of social security benefit funded by contributions from employees, employers, or both, typically through payroll taxes. Eligibility for contributory benefits is usually based on the individual's contribution history and may include benefits such as retirement pensions, disability insurance, and unemployment insurance.