What system guarantees pension benefits to all over sixty five?

The system that guarantees pension benefits to all individuals over sixty-five in the United States is Social Security. Established in 1935, Social Security provides financial support to retirees, as well as to disabled individuals and survivors of deceased workers. Once individuals reach the age of sixty-five, they become eligible for retirement benefits, which are based on their work history and contributions to the program. This social safety net aims to reduce poverty among older adults and ensure a basic level of income in retirement.