Yeah, but there is a possible bias in the wording as per greater economic and personal freedom. That is not enough, because there is also care and different forms of avoiding harm.
Here it is as a Dane with reference to an old Danish Law:
Jyske Lovs fortale, marts 1241
Now off course it is Danish, but here is a relevant part per Google Translate:
"...
It is the task of the king's and the rulers of the land to oversee judgments and to do justice and to save those who are forced by the wrong, such as widows and orphans, pilgrims and foreigners and the poor - those who are most often wronged - ..."
Now the problem is that a baby orphan can of course be wrong and also doesn't benefit that much from greater economic and personal freedom. So a system is great if it allows ordinary selfsustained people more greater economic and personal freedom, but that doesn't help those, who are not selfsustained.
PS I can't work and is on effect a psychological disablement pension. I know you are a statist and do care, but your model is too simple.