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- Dictionarysocial security/ˌsəʊʃl sɪˈkjʊərɪti/
noun
- 1. (in the UK) monetary assistance from the state for people with an inadequate or no income: "she was living on social security"
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noun
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American retirement system
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration. The Social Security Act was passed in 1935, and the existing version of the Act, as amended, encompasses several social welfare and social insurance programs. Wikipedia