Dutch to English translations [PRO] Bus/Financial - Business/Commerce (general) / Employment contract | | Dutch term or phrase: exedent | Uit een arbeidsovereenkomst:
Er bestaat een exedent pensioenregeling voor salarissen boven .... |
|  Tina VonhofKudoZ activityQuestions: 121 (none open) ( 5 closed without grading) Answers: 1021
| | Local time: 04:25
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| | Supplementary pension | Explanation: for salaries exceeding ...
-------------------------------------------------- Note added at 2004-04-10 09:26:57 (GMT) --------------------------------------------------
http://content.calgary.ca/CCA/City Hall/Employment/Pension/S...
Supplementary Pension Plan (SPP)
LOOKING AHEAD
Looking ahead. Simply speaking, this is what pension plans are all about. When you look forward to retirement, financial security will be one consideration. Decisions you make today will affect your future financial goals.
Your employer-sponsored pension is an important component of your retirement income. As part of your total compensation at The City of Calgary, the Supplementary Pension Plan will provide eligible employees with more competitive pension benefits.
You are important to us - as an employee and as a person. We encourage you to take time now to consider your future and how this plan can help you reach your financial goals.
-------------------------------------------------- Note added at 2004-04-10 09:28:57 (GMT) --------------------------------------------------
http://www.hr.wlu.ca/working-at-laurier/Benefits and Pension...
(b) Supplementary Pension
In addition, the Member shall be entitled to receive a supplementary pension from the Minimum Guarantee Fund as may be required to provide a total pension during each Pension Year equal to the Member’s minimum guaranteed benefit for that year.
The amount of the minimum guaranteed benefit, payable at the Member’s Normal Retirement Date, will be equal to the sum of:
(a) 1.37% of Best Years\' Earnings up to the Year\'s Maximum Earnings, and
(b) 2.0% of Best Years\' Earnings in excess of the Year\'s Maximum Earnings,
multiplied by the Member’s years of Pensionable Service.
The above amount will be adjusted annually to compensate for changes in the cost of living as measured by the Consumer Price Index for all Canada, or any similar index issued by Statistics Canada in place thereof, to a maximum of 4% per year, cumulative from retirement.
The supplementary pension shall be equal to the minimum guaranteed benefit less the amount of the variable pension.
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| Selected response from: xxxjarry South Africa Local time: 12:25
| Grading comment Thanks Jarry, that's the term I was looking for. 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 hr confidence:  peer agreement (net): +2 surplus
Explanation: As Ariser points out surplus is the usual translation (it is excedent, not exedent). Jurlex, Eurodicatom and all the way to the French original it's surplus. I Googled a bit and Surplus Pension Scheme/Plan does exist. My take is to stick with surplus.
[PDF] Pension Forums University of Toronto
File Format: PDF/Adobe Acrobat - View as HTML
... April2002.PPT/AHS/sk/20 04/2002 Hewitt Associates July 1, 2002 Market Value of Assets $2.05 Billion Liabilities Surplus Pension Plan Funded Status July 1, 2001 ...
www.utoronto.ca/hrhome/penforum.pdf -
News Updater November 18, 2002
... worker. Dozens of surplus pension plan cases now before the courts may go by the wayside if the Ontario government enacts Bill 198. ...
www.local-204-seiu.org/news/ updater/updanov18_2002.html - 9k
European Pharmaceuticals' pensions deficits manageable ...
... cash contributions. The analysts are impressed by Novartis’ surplus pension plan, the only one in their coverage. The analysts ...
www.newratings.com/analyst_news/article_290020.html - 16k -
| writeaway Local time: 12:25 Works in field Native speaker of: English PRO pts in category: 56
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10 hrs confidence:  peer agreement (net): +1 Supplementary pension
Explanation: for salaries exceeding ...
-------------------------------------------------- Note added at 2004-04-10 09:26:57 (GMT) --------------------------------------------------
http://content.calgary.ca/CCA/City Hall/Employment/Pension/S...
Supplementary Pension Plan (SPP)
LOOKING AHEAD
Looking ahead. Simply speaking, this is what pension plans are all about. When you look forward to retirement, financial security will be one consideration. Decisions you make today will affect your future financial goals.
Your employer-sponsored pension is an important component of your retirement income. As part of your total compensation at The City of Calgary, the Supplementary Pension Plan will provide eligible employees with more competitive pension benefits.
You are important to us - as an employee and as a person. We encourage you to take time now to consider your future and how this plan can help you reach your financial goals.
-------------------------------------------------- Note added at 2004-04-10 09:28:57 (GMT) --------------------------------------------------
http://www.hr.wlu.ca/working-at-laurier/Benefits and Pension...
(b) Supplementary Pension
In addition, the Member shall be entitled to receive a supplementary pension from the Minimum Guarantee Fund as may be required to provide a total pension during each Pension Year equal to the Member’s minimum guaranteed benefit for that year.
The amount of the minimum guaranteed benefit, payable at the Member’s Normal Retirement Date, will be equal to the sum of:
(a) 1.37% of Best Years\' Earnings up to the Year\'s Maximum Earnings, and
(b) 2.0% of Best Years\' Earnings in excess of the Year\'s Maximum Earnings,
multiplied by the Member’s years of Pensionable Service.
The above amount will be adjusted annually to compensate for changes in the cost of living as measured by the Consumer Price Index for all Canada, or any similar index issued by Statistics Canada in place thereof, to a maximum of 4% per year, cumulative from retirement.
The supplementary pension shall be equal to the minimum guaranteed benefit less the amount of the variable pension.
| xxxjarry South Africa Local time: 12:25 Specializes in field Native speaker of: English PRO pts in category: 237
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| | Grading comment | Thanks Jarry, that's the term I was looking for. |
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