- underwriting services of annuities, i.e. plans which provide income payments at regular intervals to individuals
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.
| Correspondences: |
| Classification of Products ver. 2008 (CZ-CPA) - level 5 - Category |
65301 |
Pension funding services |
Statistical metainformation system