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Bruttoumwandlung

English translation: deferred compensation based on gross salary

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Bruttoumwandlung
English translation:deferred compensation based on gross salary
Entered by: Ken Cox
Options:
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20:45 Jul 3, 2002
German to English translations [PRO]
Bus/Financial / retirement pension funds
German term or phrase: Bruttoumwandlung
context: contributions to supplementary retirement pension funds in accordance with the Riester plan.

From an earlier translation given for the term 'Entgeltumwandlung' (and since Bruttoumwandlung is a particular type of Entgeltumwandlung, namely with the contribution being made for tax purposes from the gross income), I am inclined to use a paraphrase. but would be delighted to have something more succinct in English.
Ken Cox
Local time: 08:09
deferred compensation based on gross salary
Explanation:
The established technical term for "Entgeltumwandlung" is "deferred compensation".
Selected response from:

Ralf Lemster
Germany
Local time: 08:09
Grading comment
...and again
4 KudoZ points were awarded for this answer

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Summary of answers provided
5deferred compensation based on gross salary
Ralf Lemster


  

Answers


4 mins   confidence: Answerer confidence 5/5
deferred compensation based on gross salary


Explanation:
The established technical term for "Entgeltumwandlung" is "deferred compensation".

Ralf Lemster
Germany
Local time: 08:09
Native speaker of: German
PRO pts in pair: 2684
Grading comment
...and again
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