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Preferred term

pensions and social security  

Definition

  • Pensions and Social Security are programs designed to provide some measure of financial security to people during their retirement years. A variety of policies and programs have developed over time to address the kinds of problems faced by many, although not all, of the elderly. [Source: Encyclopedia of Social Problems; Pensions and Social Security]

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https://concepts.sagepub.com/social-science/concept/pensions_and_social_security

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