The document discusses the concept of social security. Social security is defined as a program established by society to protect individuals from risks like sickness, unemployment, old age, and accidents that they cannot independently plan for. It aims to provide security for members of society through organized measures that address contingencies such as employment injuries, sickness, disability, maternity leave, old age, and unemployment. Social security systems are implemented through laws and practices that provide cash benefits to compensate for lost income due to these risks. Benefits can be provided through social insurance, social assistance, and public services with the objectives of increasing productivity, improving health, preventing occupational diseases, and caring for old age.

2. SOCIAL SECURITY
“ A programme of protection provided by the society
against the contingencies of modern life –
sickness, unemployment, old age, dependency,
industrial accident and invalidism against which
the individual cannot expected to protect himself
and his family by his own ability or foresight”- FRIEDLANDER

3. CONCEPT OF LABOUR
WELFARE
Social Security may broadly be defined as “the
security that society furnishes through appropriate
organisation, against certain risks for its members”.
Such risks are generally contingencies like:
Employment injury
Sickness
Invalidism
Disablement
Industrial disease
Maternity
Old age
Widowhood
Orphanage
Unemployment

4. The concept of social security varies from
place to place and time to time. Social
security measures have the following main
characteristics :



They are established by law or practice
They provide some forms of cash payment to the
individual to at least partly compensate for the loss
of income.
The benefits or services are provided in there
major ways viz., Social Insurance, Social
Assistance and Public Services

5. Objectives Of Social Security

To increase productivity
 To improve health and control sickness
 To prevent occupational diseases
 To remove the mental and physical hazards
 To take care of old age
 Various legislation are implemented

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