Glossary:Social benefits

Social benefits other than social transfers in kind are transfers made in cash to households to relieve them of the financial burden of certain risks or needs, for example, pensions, family and child allowances, and disabled persons' allowances.

Social benefits are paid out by social security funds, other government units, non-profit institutions serving households (NPISHs), employers administering unfunded social insurance schemes, insurance enterprises or other institutional units administering privately funded social insurance schemes.

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