tilsagnspensionsordning
English translation: assurance scheme/defined benefit plan
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| 13:49 Oct 28, 2002 |
| Danish to English translations [PRO] Bus/Financial | |||||
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|  Selected response from: Christina Clark Denmark Local time: 21:14 | ||||
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| 4 | Pension scheme with (life) assurance |
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| 3 | assurance scheme/defined benefit plan |
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Answers
12 mins confidence: 
assurance scheme/defined benefit plan Explanation: Can you use any of the above suggestions? -------------------------------------------------- Note added at 2002-10-28 14:02:38 (GMT) -------------------------------------------------- A Defined Benefit Plan is any Qualified Plan which is not a Defined Contribution Plan. Contributions to a Defined Benefit Plan are based on a computation of what is needed to provide determinable benefits to each plan participant. Actuarial assumptions and computations are required to calculate these contributions. http://www.entrustadmin.com/What_is/defined_benefit.html -------------------------------------------------- Note added at 2002-10-28 14:04:15 (GMT) -------------------------------------------------- The SISC Defined Benefit Plan is a qualified pension plan adopted by your employer as an alternative to Social Security. Under the SISC Defined Benefit Plan there are no deductions from your paycheck for the SISC plan or to Social Security. Your employer pays the full cost of the plan. Benefits are designed to be paid out at age 65, however you can receive your benefits in cash as a full lump sum distribution after you leave employment with all participating employers or retire. There is no specified length of time you must work in order to receive benefits. http://sisc.kern.org/definedBenefitPlan/ L&H Engelsk Business Fagordbog |
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13 mins confidence:
Pension scheme with (life) assurance Explanation: Tilsagn = assurance Maybe you can use this suggestion? x |
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