NIC 6530—Pension funding

Where 6530 sits

1. L Financial and insurance activities
2. 65 Insurance, reinsurance and pension funding, except compulsory social security
3. 653 Pension funding
4. 6530 Pension funding

Contains 1 narrower code

• 653000 Activities of provision of employee benefit plans, pension funds and plans, and retirement plans.

What 6530 includes

• This class includes provision of retirement income benefits exclusively for the sponsor's employees or members.
• Pension plans with defined benefits as well as defined contributions.

What 6530 excludes

• Management of pension funds, see 6630
• Compulsory social security schemes, see 8430

6530 in other systems