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  3. Law: Contract(s)

unverfallbar

English translation: vested

22:10 Mar 1, 2007
German to English translations [PRO]
Law/Patents - Law: Contract(s) / Employer/ee Pension Plan
German term or phrase: unverfallbar
Scheidet der Mitarbeiter vor Eintritt des Versicherungsfalles aus der Firma aus, so geht die Versicherungsnehmereigenschaft zum Zeitpunkt des Ausscheidens auf den Mitarbeiter über. Die Versicherungsleistungen, die auf der arbeitnehmerfinanzierten Direktversicherung beruhen, sind sofort gesetzlich unverfallbar (§ 1b Absatz 5 BetrAVG).
translators
Local time: 00:45
English translation:vested
Explanation:
Usually, in English source text, the term used in connection with pension plans is "vested".
Selected response from:

Carmen Berelson
United States
Local time: 00:45
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4vested
Carmen Berelson


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
vested


Explanation:
Usually, in English source text, the term used in connection with pension plans is "vested".

Carmen Berelson
United States
Local time: 00:45
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Ted Wozniak: yup
15 mins
agree  Anita Cassidy (X)
19 mins
agree  David Hollywood
20 mins
agree  Andrea Hauer
15 hrs
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