• NOGA
  • K FINANCIAL AND INSURANCE ACTIVITIES
    • 65 Insurance, reinsurance and pension funding, except compulsory social security
      • 653 Pension funding
        • 6530 Pension funding
          • 653000 Pension funding

Corresponding CPA codes

• 65.30.1 Pension funding services

  This category excludes:

  • trust services, see 66.19.31
  • pension fund administration, see 66.29.19
  • pension fund management services, see 66.30.12
  • portfolio management services, see 66.30.11
• 65.30.11 Individual pension funding services

  This subcategory includes:

  • underwriting services of annuities, i.e. plans which provide income payments at regular intervals to individuals

  Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of assets supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits.

• 65.30.12 Group pension funding services

  This subcategory includes:

  • underwriting services of plans which provide income payments at regular intervals to members of groups

  Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of assets supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits.