Social Security Contributions
Jump to navigation
Jump to search
Social Security Contributions - (adjective + noun)
Definition
According to the OECD, these are social security contributions that are paid to governments that confer the entitlement to receive a future social benefit - including unemployment benefit, accident, injury and sickness benefits, pensions etc.
Extra
Source: Adapted from OECD Data
Example of Use: Both the employer and employee pay social security contributions.
