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English translation: salary scheme

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:salarisdiensttijd regeling
English translation:salary scheme
Entered by: Lucy Spring

18:30 Mar 9, 2006
Dutch to English translations [PRO]
Bus/Financial - Finance (general) / Pensions
Dutch term or phrase: salarisdiensttijd regeling
Optie X is alleen een mogelijkheid indien een salarisdiensttijd regeling bestaat bij Y [company].
Lucy Spring
salary scheme
Explanation:
Salaris/diensttijdregeling
Pensioenregeling waarbij de hoogte van het uiteindelijk te bereiken pensioen afhangt van het aantal dienstjaren dat bij een werkgever is doorgebracht, de hoogte van het salaris en het opbouwpercentage per dienstjaar. Voorbeelden van salaris/diensttijdregelingen zijn eindloonregelingen, middelloonregelingen en streefregelingen.

The basic difference between salary related pensions and money purchase schemes is that with a salary related scheme you can tell in advance what pension you will receive, while a money purchase scheme pension will depend on factors that can't be foretold in advance such as the performance of scheme investments and annuity rates.

Selected response from:

Siobhan Schoonhoff-Reilly
Netherlands
Local time: 02:13
Grading comment
Excellent explanation - thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2salary scheme
Siobhan Schoonhoff-Reilly


  

Answers


14 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
salary scheme


Explanation:
Salaris/diensttijdregeling
Pensioenregeling waarbij de hoogte van het uiteindelijk te bereiken pensioen afhangt van het aantal dienstjaren dat bij een werkgever is doorgebracht, de hoogte van het salaris en het opbouwpercentage per dienstjaar. Voorbeelden van salaris/diensttijdregelingen zijn eindloonregelingen, middelloonregelingen en streefregelingen.

The basic difference between salary related pensions and money purchase schemes is that with a salary related scheme you can tell in advance what pension you will receive, while a money purchase scheme pension will depend on factors that can't be foretold in advance such as the performance of scheme investments and annuity rates.




    Reference: http://https://www.watsonwyatt.com/europe/netherlands/resear...
    Reference: http://tiscali.worksmart.org.uk/money/viewquestion.php?eny=1...
Siobhan Schoonhoff-Reilly
Netherlands
Local time: 02:13
Specializes in field
Native speaker of: English
PRO pts in category: 28
Grading comment
Excellent explanation - thank you!

Peer comments on this answer (and responses from the answerer)
agree  Dave Calderhead
16 mins
  -> Thank you Dave.
agree  FionaDV (X)
2 days 22 hrs
  -> Thank you Fiona.
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