The discourse of Social Security has been characterised by transformation processes. This paper will contrast two different positions of Social Security. It begins analysing the position of the International Labour Organization Conventions and the International Covenant of Economic, Social and Cultural Rights on Social Security, and then, it examines the position and strategy of the World Bank. The central argument of this paper is that both perceptions are likely leading us to the reproduction of an unequal system. This paper contends that unless a new strategy has a strong focus on reducing inequality we will not be achieving the ideal of Social Justice.