SOWK 1011 Chapter Notes - Chapter 2: Unemployment Benefits, New Taiwan Dollar, Monetarism
Document Summary
Chapter 2- income security and social welfare (pg. Income security programs provide monetary support to individuals or families. They are often called transfers because they transfer cash and other benefits from government programs to individuals and families. There are four types of income security. People contribute knowing not everyone will need it. Generally linked to employment; all workers contribute and are therefore eligible for benefits. Employment insurance, workers" compensation, canada/quebec pension plan. Provide monetary assistance to those with no other source of income. Quantity of assistance determined by minimum amount necessary to meet basic needs. Made to individuals or households on the basis of demographic characteristics (such as # of children or age) Not intended as primary source of income. The national child benefit supplement and the guaranteed income supplement. Provides level of income replacement to workers temporarily unemployed. Designed to protect workers against income loss due to workplace injury or disease.
