benefit system
Public assistance program
A benefit system is the structure of government programs providing financial assistance or services to citizens—unemployment payments, healthcare, housing subsidies, disability support.
The term appears most often in British English and in discussions of welfare policy: Critics argue the benefit system discourages work.
In American English, welfare system is more common.
- health insuranceProtection against medical costs
- open enrollmentDesignated benefits signup window
- food stampsSubsidized grocery purchasing vouchers
- pension plansEmployer-sponsored retirement savings
- employer matchCompany duplicates worker savings
tax credits · paid leave · paid time off · housing vouchers · income support · subsidies · profit-sharing · flexible scheduling · mentorship programs · childcare assistance · grants · rebates · Medicaid · Social Security · safety net · public education funding · unemployment insurance · disability coverage
benefit systemcharitable giving
Donating to help others
philanthropy · mutual aid · almsgiving · crowdfunding · GoFundMe
benefit systemself-reliance
Depending on oneself alone
self-sufficiency · economic independence · personal responsibility · earned income · wage labor
benefit systemfree market
Commerce without state intervention
laissez-faire · sink or swim · no safety net · rugged individualism · self-reliance
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