Pension funding

This class includes legal entities (i.e. funds, plans and/or programmes) organised to provide retirement income benefits exclusively for the sponsor's employees or members. This includes pension plans with defined benefits, as well as individual plans where benefits are simply defined through the member’s contribution. - employee benefit plans - pension funds and plans - retirement plans

Name
Pension funding
Sector
K - Financial and insurance activities

Lump-sum tax

Usually not eligible

Usually not eligible for lump-sum taxation: financial intermediation is an excluded area.

Usually includes

  • This class includes legal entities (i.e. funds, plans and/or programmes) organised to provide retirement income benefits exclusively for the sponsor's employees or members. This includes pension plans with defined benefits, as well as individual plans where benefits are simply defined through the member’s contribution.
  • employee benefit plans
  • pension funds and plans
  • retirement plans

Usually excludes

  • management of pension funds, see 66.30
  • compulsory social security schemes, see 84.30

Source: the official APR activity classification.