What is the primary function of social security?

The primary function of social security is to support those without jobs or during retirement. Social security is a government program designed to provide financial assistance to individuals who are retired, disabled, or unemployed. It helps ensure that these individuals have a minimal level of income to meet their living expenses, contributing to economic stability and reducing poverty among vulnerable populations. By providing monthly benefits to retirees based on their earnings history, social security allows individuals to maintain a certain standard of living after they stop working. Additionally, the program includes benefits for survivors and for people with disabilities, further emphasizing its role in supporting individuals during times of economic hardship. This foundational aspect of social security plays a critical role in the social safety net within the broader economy.