The Social Security System is a government program designed to provide financial support to individuals during retirement, disability, or in the event of a loved one's death. Funded through payroll taxes, it helps ensure that people have a safety net when they can no longer work. This system is crucial for many seniors who rely on these benefits to cover their living expenses. In addition to retirement benefits, the Social Security System also offers assistance to disabled workers and their families. By providing monthly payments, it helps maintain a basic standard of living for those who may struggle to find employment due to health issues or other challenges.