A guaranteed source of income for each person in any society is essential to the peace and security of the society. Therefore, (just like some other types of insurance, e.g. vehicle insurance) income insurance in the form of Social Security is compulsory. Income insurance is a most important mechanism that promotes the protection of the overall society by protecting each individual. We are all in this together. If income insurance were to be optional, many persons would find reasons not to participate. This would be suicidal to the society at large and would negatively affect everyone; even persons who chose to participate. Accordingly, all employed persons and their employers as well as self-employed persons are required to register with the Director of Social Security and to make cobntributions. s |