English
English version

social insurance

From Longman Business Dictionarysocial insuranceˌsocial inˈsurance [uncountable] a system of insurance managed by a government where employers and people who work for them make regular payments, so that workers can receive money when they are ill, unemployed etcIn 1930 a scheme for social insurance was implemented in France, covering pensions, sickness and family allowances. insurance
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