KudoZ home » English to Spanish » Petroleum Eng/Sci

Income PACS

Spanish translation: Preliminary Annual Contribution Summary (PACS)

Advertisement

Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs
(or are passionate about them). Participation is free and the site has a strict confidentiality policy.
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Income PACS
Spanish translation:Preliminary Annual Contribution Summary (PACS)
Options:
- Contribute to this entry
- Include in personal glossary

03:34 Jun 18, 2005
English to Spanish translations [PRO]
Bus/Financial - Petroleum Eng/Sci
English term or phrase: Income PACS
notes to financial statements, oil&gas ind
referring to pension plans
cielos48
Local time: 05:20
Preliminary Annual Contribution Summary (PACS)
Explanation:
Hola, cielos.
Encontré varias posibilidades para las siglas PACS, pero creo que la que te doy es la que más se ajusta a planes de pensiones, aunque no estoy muy segura...

"In August, the **Retirement Systems** prepare a **Preliminary Annual Contribution Summary(PACS)** for each employer. The PACS provides a reconciliation of the previous December 15 payment plus an estimate of the current December 15 payment. The reconciliation portion is based on the difference between the projected salaries and the salaries paid, and appears as a credit or a debit.In November, local governments and other participating employers are sent an invoice for their share of retirement costs based on a projection of salaries for their members that will be paid by the end of the current State fiscal year. These salaries are multiplied by the appropriate contribution rates. Payment of this invoice is due on or before December 15. The salary projection used for this billing is based on the employers’ actual retirement salary base for the previous year, which has been adjusted to reflect inflation, attrition, new members and tier change considerations".
www.osc.state.ny.us/retire/emplguid/estbill.pdf

"PACS on the Way.
The **Preliminary Annual Contribution Summary (PACS)** will be mailed to all participating employers the first week of August. It provides an estimate of the amount that employers will be required to make on December 15th. The PACS reflects changes contained in the **Comptroller's Pension Reform Plan** that established a 4.5% minimum payment in this fiscal year for many employers".
http://nysosc3.osc.state.ny.us/retire/enews/
============================

Otra posibilidad:
PACS = Payment Adjustment Calculation System

"The **Payment Adjustment Calculation System (PACS)** is used to process case level and participant level ...".
www.pbgc.gov/about/procure/ PBGC%20Enterprise%20Architecture%20Appendices%20A%20-%20D%209-9%5B1%5D.doc

"In January 2002, The Williams Companies, Inc. issued 44,000,000 FELINE PACS, which initially consisted of units referred to as **Income PACS**. Each Income PACS was comprised of an equity purchase contract with a three-year term and five-year senior note. The FELINE PACS were initially offered at a stated amount of $25".
http://www.williams.com/investors/pacs.asp
======================================
Un cordial saludo y siento no haberte ayudado más.






Selected response from:

xxxdulcina
Grading comment
great, Dulcina, very helpful. Many thks
4 KudoZ points were awarded for this answer

Advertisement


Summary of answers provided
3 +1Preliminary Annual Contribution Summary (PACS)xxxdulcina


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
income PACS
Preliminary Annual Contribution Summary (PACS)


Explanation:
Hola, cielos.
Encontré varias posibilidades para las siglas PACS, pero creo que la que te doy es la que más se ajusta a planes de pensiones, aunque no estoy muy segura...

"In August, the **Retirement Systems** prepare a **Preliminary Annual Contribution Summary(PACS)** for each employer. The PACS provides a reconciliation of the previous December 15 payment plus an estimate of the current December 15 payment. The reconciliation portion is based on the difference between the projected salaries and the salaries paid, and appears as a credit or a debit.In November, local governments and other participating employers are sent an invoice for their share of retirement costs based on a projection of salaries for their members that will be paid by the end of the current State fiscal year. These salaries are multiplied by the appropriate contribution rates. Payment of this invoice is due on or before December 15. The salary projection used for this billing is based on the employers’ actual retirement salary base for the previous year, which has been adjusted to reflect inflation, attrition, new members and tier change considerations".
www.osc.state.ny.us/retire/emplguid/estbill.pdf

"PACS on the Way.
The **Preliminary Annual Contribution Summary (PACS)** will be mailed to all participating employers the first week of August. It provides an estimate of the amount that employers will be required to make on December 15th. The PACS reflects changes contained in the **Comptroller's Pension Reform Plan** that established a 4.5% minimum payment in this fiscal year for many employers".
http://nysosc3.osc.state.ny.us/retire/enews/
============================

Otra posibilidad:
PACS = Payment Adjustment Calculation System

"The **Payment Adjustment Calculation System (PACS)** is used to process case level and participant level ...".
www.pbgc.gov/about/procure/ PBGC%20Enterprise%20Architecture%20Appendices%20A%20-%20D%209-9%5B1%5D.doc

"In January 2002, The Williams Companies, Inc. issued 44,000,000 FELINE PACS, which initially consisted of units referred to as **Income PACS**. Each Income PACS was comprised of an equity purchase contract with a three-year term and five-year senior note. The FELINE PACS were initially offered at a stated amount of $25".
http://www.williams.com/investors/pacs.asp
======================================
Un cordial saludo y siento no haberte ayudado más.








xxxdulcina
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
Grading comment
great, Dulcina, very helpful. Many thks

Peer comments on this answer (and responses from the answerer)
agree  Hebe Martorella
8 hrs
  -> gracias, Hebe, y buen finde.
Login to enter a peer comment (or grade)




Return to KudoZ list


KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.



See also:



Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search