SUPPLEMENTARY BENEFIT Meaning and
Definition
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Supplementary benefit refers to an additional financial assistance or support provided by a government or other welfare agencies to individuals or families who are in need or experiencing financial hardship. It aims to supplement and complement the basic benefits and services available to them.
Supplementary benefits are typically granted to individuals or families who, despite receiving certain forms of income or benefits, still have insufficient resources to cover their basic needs. Such benefits can include additional monetary allowances, housing support, medical expenses, or assistance with utility bills.
The purpose of supplementary benefits is to bridge the gap between the actual financial resources of the recipients and the amount required to meet their essential living expenses. These benefits are often means-tested, meaning that eligibility and the amount of assistance provided are determined based on the recipient's income, assets, household size, and specific circumstances.
This type of benefit is primarily designed to prevent poverty, alleviate financial strain, and ensure a minimum standard of living for vulnerable or disadvantaged individuals and families. It is also aimed at promoting social inclusion and protecting citizens from falling through the cracks of the social safety net.
Supplementary benefits can vary across different jurisdictions, reflecting the specific policies, provisions, and priorities of each government or administration. These benefits are an important component of social welfare systems, helping to address inequalities, support those in need, and contribute to a more equitable society.
Common Misspellings for SUPPLEMENTARY BENEFIT
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Etymology of SUPPLEMENTARY BENEFIT
The word "supplementary" comes from the Latin word "supplementum", which means "that which completes or makes up for something". The word "benefit" also has Latin origins, derived from the Latin word "benefactum", meaning "good deed" or "kindness".
In the context of social welfare or financial assistance, the term "supplementary benefit" refers to an additional or extra benefit provided to individuals or families to supplement their income or meet specific needs. The term likely emerged in the mid-20th century as a way to describe an additional support system beyond the primary benefits available.
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