If nothing is done to change social security by 2050, the system will collapse
The protection against certain hazards that members of society's population are exposed to is known as social security and is provided by the appropriate institutions.
Lexicon Universal Encyclopaedia defines social security as "consisting of state schemes aiming to safeguard employees and their families from income losses related with old age, illness, unemployment, or death."
The phrase is occasionally also used to refer to a vast network of assistance for everyone who, for whatever causes, is unable to support themselves.
Human decency and social justice are the cornerstones of the social security concept. A person who has contributed to or is anticipated to contribute to the welfare of his or her country should be protected against certain risks, according to the basic principle of social security measures.
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