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German to English translations [PRO]
Bus/Financial - Finance (general) | | German term or phrase: aktueller Rentenwert | Rentenbescheid
Notification about pension payments and their calculation
I am not sure if there are equifalent terms in English or if I just have to explain the German terms. |
| maid MarionKudoZ activityQuestions: 8 (none open) Answers: 16
| Local time: 23:49
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| | current pension value | Explanation:
The monthly pension payment you can estimate with the following formula: The personal earnings points PEP
(persönliche Entgeltpunkte) must be computed by consideration of the age factor ZF (Zugansfaktor). Then this is to multiply
with the pension type factor RAF (Rentenartfaktor) and with the current pension value AR (aktueller Rentenwert).
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| Selected response from:
  Johanna Timm, PhD
Canada
Local time: 15:49
| Grading comment What can I say - 100 %
Your help saved me a lot of hassle!
4 KudoZ points were awarded for this answer |
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21 mins peer agreement (net): +1 current pension value
Explanation:
The monthly pension payment you can estimate with the following formula: The personal earnings points PEP
(persönliche Entgeltpunkte) must be computed by consideration of the age factor ZF (Zugansfaktor). Then this is to multiply
with the pension type factor RAF (Rentenartfaktor) and with the current pension value AR (aktueller Rentenwert).
Reference: http://www.erziehung.uni-giessen.de/studis/Robert/formula.ht...
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| Changes made by editors |
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| Oct 5, 2011 - Changes made by Steffen Walter: | | Field (specific) | (none) => Finance (general) |
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