Glossary entry

Swedish term or phrase:

avgiftsbestämda pensionsplan

English translation:

contribution pension plan

Added to glossary by Charlesp
Apr 4, 2005 22:12
19 yrs ago
Swedish term

avgiftsbestämda pensionsplan

Swedish to English Bus/Financial Human Resources
avgiftsbestämda pensionsplan as constrasted with a förmånsbestämda pensionsplan
Proposed translations (English)
4 +1 defined-contribution pension plan
5 liabilities based pension plan

Discussion

Non-ProZ.com Apr 4, 2005:
How about this: could it be accurate to say that avgiftsbest�mda pensionsplan are "government mandated pension plans" (paied for by the employoer's avgift), and f�rm�nsbest�mda pensionsplans are pension plans that are a part of the benefits package (ie company established) ??

Proposed translations

+1
1 hr
Swedish term (edited): avgiftsbest�mda pensionsplan
Selected

defined-contribution pension plan

Good reference for all these retirement-related words.

From what I have understood, avgiftsbestämd pension is when your pension is based on how much you have received in salary during your employment career (i.e., how much your companies have paid in retirement fees), while förmånsbestämda pensioner are based for instance on your final salary or median salary.
Peer comment(s):

agree Sven Petersson : Perfect!
5 hrs
Thanks Sven!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Hej, thanksQ! Now that clear that up"
4 mins

liabilities based pension plan

avgift = charge, duty, liability

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Note added at 2005-04-04 22:55:53 (GMT)
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now I understand your context a lot more, that\'s a good way of putting it!

mvh
Peer comment(s):

agree Suzanne Blangsted (X) : liability based
7 mins
disagree Sven Petersson : Please see Larissa's reference!
6 hrs
Something went wrong...
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