This indicator reflects the proportion of individuals within the third income quintile who are enrolled in social insurance initiatives designed to safeguard their financial stability and health. It encompasses a range of benefits, including old-age pensions for retirees, disability support, survivor benefits, and comprehensive social security measures, such as health insurance, maternity coverage, occupational injury compensation, and paid sick leave. By measuring both direct and indirect beneficiaries, this metric provides a nuanced understanding of socio-economic resilience, highlighting the effectiveness of social safety nets in supporting vulnerable populations. A higher percentage can indicate improved access to essential services and financial protection, contributing to overall societal well-being and economic equity.
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