Right now only the Icon of the Safety Button on the Launch Pad in the Quick Menu shows what your current Safety Level is. The Icon on the Safety Tab in the Main Menu does not show your current Safety Level, as well as the the "Use Safety Settings" Button in Avatar Display options when having a User selected.

Also change the Icon on the Safety Tab and the Avatar Display options, this would make it easier to see what your current safety level is when for example deciding if you need to hide or show someone's Avatar.

In the pictures below you can see it not displaying your current Safety Level everywhere: