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CPC Code 71312 Group pension services

The CPC Code 71312 is described as
Group pension services

Description
This subclass 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.
This subclass does not include:
· pension fund management services, portfolio management and trustee services, cf. 7153
· pension fund administration, cf. 71690
(2019-08-02)

It belongs to the code group
CPC Code 7131 Life insurance and pension services (excluding reinsurance services)

To this Code "71312" belongs the sub codes
(No direct sub codes available)


The equivalent ISIC Code (Rev. 3.1) is
6602: Pension funding
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The Nearest HS Code (Harmonized System) (Rev. 2002) is
xxxx: No Code defined

The equivalent NAICS Code (Rev. 2002) is
523920: Portfolio Management

Translation of the Code description
71312: Group pension services
(2019-08-02)

Alternative Spellings (synonyms): Service, groups, Services
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