Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Social insurance is any government-sponsored program with the following four characteristics: * the benefits, eligibility requirements and other aspects of the program are defined by statute; * explicit provision is made to account for the income and expenses (often through a trust fund); * it is funded by taxes or premiums paid by (or on behalf of) participants (although additional sources of funding may be provided as well); and * the program serves a defined population, and participation is either compulsory or the program is heavily enough subsidized that most eligible individuals choose to participate.
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