NAICS Canada 52611—Pension funds

Where 52611 sits

1. 52 Finance and insurance
2. 526 Funds and other financial vehicles
3. 5261 Pension funds
4. 52611 Pension funds

Contains 2 narrower codes

• 526111 Trusteed pension funds
• 526112 Non-trusteed pension funds

Description

This industry comprises funds containing net assets set aside for the purpose of meeting retirement benefit payments of the pension plan, when they become due. Pension funds may or may not have separate legal identities and may or may not have trustees. A pension plan is a reporting entity separate from a sponsor and the plan participants that, by any arrangement (contractual or otherwise), establishes a program to provide retirement income to employees. This class includes pension plans of all types, regardless of whether the fund is registered as a separate legal identity or is administered by trustees.

52611 in other systems