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Fritvalgskonto

English translation: flexible spending account


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:Fritvalgskonto
English translation:flexible spending account
Entered by: Charles Ek
Options:
- Contribute to this entry
- Include in personal glossary

01:18 Dec 22, 2011
Danish to English translations [PRO]
Bus/Financial - Human Resources / Lønspecifikation
Danish term or phrase: Fritvalgskonto
Igen en del af en lønspecifikation:

Ferie fratræk
Fritvalgskonto Månedsløn, eksl. pension
IP-pension
etc...
Pernille Kienle
Local time: 04:48
flexible spending account
Explanation:
As in so many things, there's no direct counterpart outside Denmark that I can find. But I think my suggestion could work. The first link is a description of the Danish arrangement. The second link describes the "flexible spending account" arrangement in the U.S.
Selected response from:

Charles Ek
United States
Local time: 07:48
Grading comment
Tak!
4 KudoZ points were awarded for this answer



Summary of answers provided
4Free choice account
Suzanne Blangsted
3 +1flexible spending account
Charles Ek
3personal choice account
Gitte Hovedskov Hansen
1 -1free choice of wage account
andres-larsen


  

Answers


1 hr   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): -1
free choice of wage account


Explanation:
free choice of wage account

source (explanation on page 5 of 66 pages)

Industriens Pensionsforsikring A/S
www.industrienspension.dk/industriens_pension_annual_report...
PDF/Adobe Acrobat - Quick View
They can do this through the new ***Fritvalgs Lønkonto (free choice of wage account)*** established in the collective agreement, or through individual payments. ...

full excerpt from above source:

Members will also be given the opportunity to pay in extra contributions to their pension scheme in 2008. They can do this through ***the new Fritvalgs Lønkonto (free choice of wage account) established in the collective agreement***, or through individual payments. As a new feature members can also transfer their SP savings with ATP to us.


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Note added at 1 hr (2011-12-22 02:22:26 GMT)
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the full above weblink:

Industriens Pensionsforsikring A/S
www.industrienspension.dk/***industriens_pension_annual_rep... 2007***...
PDF/Adobe Acrobat - Quick View
They can do this through the new ***Fritvalgs Lønkonto (free choice of wage account)*** established in the collective agreement, or through individual payments. ...


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Note added at 1 hr (2011-12-22 02:46:55 GMT)
--------------------------------------------------

additional new explanatory source in Danish for Fritvalgs Lønkontoen (on page 110 of 115 pages):

Organisations-aftaler
www.tele12.dk/.../oganisationsaftaler_2007-2010... -
PDF/Adobe Acrobat - Quick View
ydes der et montagetillæg pr. 1.3.2007 på kr. 2,60. 1.3.2008 på kr. 2,65 ... og arbejdet ikke udføres i akkord, kan der optages forhandling om montagetillæg. ...

full excerpt from above source:

Protokollat - Fritvalgs Lønkonto
Parterne lægger til grund, at medarbejderens tilgodehavende
opsparing på ***Fritvalgs Lønkontoen*** er omfattet af garantien i lov om Lønmodtagernes Garantifond. Hvis dette ikke er tilfældet, forpligter Dansk Industri sig til at drage omsorg for, at
garantiforpligtelsen løses på anden måde.

andres-larsen
Venezuela
Local time: 07:18
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
disagree  Charlesp: I think you disagree too. Right concept, inappropriate term to describe it (even it can be found in usage).
8 hrs
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
flexible spending account


Explanation:
As in so many things, there's no direct counterpart outside Denmark that I can find. But I think my suggestion could work. The first link is a description of the Danish arrangement. The second link describes the "flexible spending account" arrangement in the U.S.


    Reference: http://www.erhvervsbladet.dk/erhvervsklima/penge-paa-fritval...
    Reference: http://en.wikipedia.org/wiki/Flexible_spending_account
Charles Ek
United States
Local time: 07:48
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 19
Grading comment
Tak!

Peer comments on this answer (and responses from the answerer)
agree  Charlesp
8 hrs
Login to enter a peer comment (or grade)

6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
personal choice account


Explanation:
Kilde: Gyldendals Fagordbog online

Angiver også følgende: (DK) free choice account

Gitte Hovedskov Hansen
Denmark
Local time: 13:48
Works in field
Native speaker of: Native in DanishDanish
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
neutral  Charlesp: huh? This may be a literal defination of the words, but does this have any meaning?
2 hrs
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4 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
Free choice account


Explanation:
http://www.capecodfive.com/home/per/chk/bas


Suzanne Blangsted
Local time: 04:48
Native speaker of: Native in DanishDanish, Native in EnglishEnglish
PRO pts in category: 26
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Changes made by editors
Dec 26, 2011 - Changes made by Charles Ek:
Created KOG entryKudoZ term => KOG term


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