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Bus/Financial - Law: Taxation & Customs / Pensions | | German term or phrase: Kleinbetragsrente | Hi, I wonder if anyone can help me find an appropriate translation for 'Kleinbetragsrente' please? It appears in the terms and conditions for a pension scheme and the full sentence is:
Ergibt das zu verrentende Kapital eine Kleinbetragsrente in Anlehnung an § 93 Abs. 3 Satz 2 und 3 EStG, so zahlen wir anstelle einer Rente den Policenwert aus.
I've looked up the relevant section in the EStG, and it's clear what it means - I've just no idea what to call it in English.
http://www.gesetze-im-internet.de/estg/__93.html
Any help would be much appreciated. Thank you. |
| emma23KudoZ activityQuestions: 10 (none open) Answers: 0
| Local time: 09:45
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| | English translation:pension (entitlement) of negligible value | Explanation:
Even a 'small pension' can be paid out regularly and be very welcome to the recipient. But where the value of the pension entitlement is 'negligible', the administrative costs make it impractical. |
| Selected response from:
Andrew Swift
United Kingdom
Local time: 09:45
| Grading comment Thank you, I think this is the nearest to the idea. I have opted for a brief explanation.
2 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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46 mins confidence:   peer agreement (net): -1
2 hrs confidence:
2 hrs confidence: peer agreement (net): -2 measly pension
Explanation:
small amount of benefits can be used but small pension ??? petty or measly pension
|  xxxkeya
Local time: 14:15
Native speaker of:  English, Hindi
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4 hrs confidence: peer agreement (net): +2 pension (entitlement) of negligible value
Explanation:
Even a 'small pension' can be paid out regularly and be very welcome to the recipient. But where the value of the pension entitlement is 'negligible', the administrative costs make it impractical.
| Andrew Swift
United Kingdom
Local time: 09:45
Native speaker of: English
PRO pts in category: 22
|
| | Grading comment | Thank you, I think this is the nearest to the idea. I have opted for a brief explanation. |
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