College - Understanding Social Insurance: A Pillar of Modern Society
Understanding Social Insurance: A Pillar of Modern Society
- CollegeThe primary goal of social insurance is to ensure that people can maintain a basic standard of living even when they face challenges such as unemployment, illness, disability, or old age. For example, retirement pensions guarantee that workers have a source of income after they leave the workforce. Unemployment insurance helps individuals stay afloat financially while they search for a new job. Similarly, disability insurance offers support to those who are unable to work due to medical conditio
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