What does NIC 2008 653 include?

653 Pension funding contains 1 direct subcategory: 6530 Pension funding.

What is the parent category of 653?

653 Pension funding sits under 653 Pension funding in the NIC 2008 hierarchy.

National Industrial Classification 2008 - India

653 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. This class includes: - employee benefit plans - pension funds and plans - retirement plans This class excludes: - management of pension funds, see 66.30 - compulsory social security schemes, see 84.30

Level 21 direct subcategory

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Where 653 sits in the NIC 2008 hierarchy

>K Financial and insurance activities
>65 Insurance, reinsurance and pension funding, except compulsory social security
>>653 Pension funding
>>653 Pension funding

Subcategories of 653 Pension funding

6530Pension 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. This class includes: - employee benefit plans - pension funds and plans - retirement plans This class excludes: - management of pension funds, see 66.30 - compulsory social security schemes, see 84.30

Other NIC 2008 codes under 653 Pension funding

Frequently asked questions

What is NIC 2008 653?: NIC 2008 653 is "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. This class includes: - employee benefit plans - pension funds and plans - retirement plans This class excludes: - management of pension funds, see 66.30 - compulsory social security schemes, see 84.30
What does NIC 2008 653 include?: 653 Pension funding contains 1 direct subcategory: 6530 Pension funding.
What is the parent category of 653?: 653 Pension funding sits under 653 Pension funding in the NIC 2008 hierarchy.

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