Meaning of the word "social insurance" in English
What does "social insurance" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
social insurance
US /ˌsoʊ.ʃəl ɪnˈʃʊr.əns/
UK /ˌsəʊ.ʃəl ɪnˈʃʊə.rəns/
Noun
a system of compulsory contribution to provide state assistance for unemployment, illness, old age, etc.
Example:
•
Many countries have a robust social insurance system to protect their citizens.
•
Contributions to social insurance are usually mandatory for employees.
Synonym: