I just researched social security, it appears more like a pension plan. Our superannuation is entirely our money. When I reach retirement age then every cent I'

I just researched social security, it appears more like a pension plan. Our superannuation is entirely our money. When I reach retirement age then every cent I've paid (plus interest) is returned to me. If I run out of money I'm still eligible for the pension. I'm not entirely sure but I think my superannuation is more similar to a compulsory 401k.