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fondi integrativi

English translation: supplementary pension/benefit funds

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:fondi integrativi
English translation:supplementary pension/benefit funds
Entered by: Jonathan Morris

17:32 Nov 24, 2002
Italian to English translations [PRO]
Bus/Financial
Italian term or phrase: fondi integrativi
le sua categoria sarà migliorata e... si provvederà alle incombenze del caso e dei fondi integrativi
Christine Grime
Local time: 07:56
supplementary pension funds
Explanation:
Link below refers to 'integrative pension funds' - which sounds like an Italianism

idea is that a pension fund is constituted from employer contributions to supplement current state pension fund payouts which are likely to prove inadequate in the future.

Could also have 'top-up' pension funds, but think supplementary sounds better.

See FIOM link below.

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Note added at 2002-11-25 00:56:47 (GMT)
--------------------------------------------------

To Bianca - point taken, but I think you have to specify that the funds are supplementary to a basic fund - probably a better overall term is \'supplementary benefit fund\', but you would probably have to specify on a case by case basis - e.g. supplementary disability fund, etc.

--------------------------------------------------
Note added at 2002-11-26 16:42:03 (GMT)
--------------------------------------------------

Note on Cassa Integrazione

http://digilander.libero.it/paginerosse/cb_dizionario.htm - definitions of both - useful site.

My hunch is that the CI and the fondi integrativi are unrelated - since the CI is managed by the INPS, while the fondi integrativi are privately-managed pension funds established by employers (or groups of employers) to provide a supplementary pension to retiring/disadvantaged workers precisely because the state pension is inadequate.
Selected response from:

Jonathan Morris
Grading comment
Grazie tanto!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3supplementary pension funds
Jonathan Morris
4Social Security Funds
biancaf202
3Additional/supplementary fund
Marl�ene Gbedo


Discussion entries: 1





  

Answers


50 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
supplementary pension funds


Explanation:
Link below refers to 'integrative pension funds' - which sounds like an Italianism

idea is that a pension fund is constituted from employer contributions to supplement current state pension fund payouts which are likely to prove inadequate in the future.

Could also have 'top-up' pension funds, but think supplementary sounds better.

See FIOM link below.

--------------------------------------------------
Note added at 2002-11-25 00:56:47 (GMT)
--------------------------------------------------

To Bianca - point taken, but I think you have to specify that the funds are supplementary to a basic fund - probably a better overall term is \'supplementary benefit fund\', but you would probably have to specify on a case by case basis - e.g. supplementary disability fund, etc.

--------------------------------------------------
Note added at 2002-11-26 16:42:03 (GMT)
--------------------------------------------------

Note on Cassa Integrazione

http://digilander.libero.it/paginerosse/cb_dizionario.htm - definitions of both - useful site.

My hunch is that the CI and the fondi integrativi are unrelated - since the CI is managed by the INPS, while the fondi integrativi are privately-managed pension funds established by employers (or groups of employers) to provide a supplementary pension to retiring/disadvantaged workers precisely because the state pension is inadequate.



    Reference: http://www.fiom.lombardia.it/attivita/fondi_pensione/spiegaf...
Jonathan Morris
Native speaker of: English
PRO pts in pair: 348
Grading comment
Grazie tanto!

Peer comments on this answer (and responses from the answerer)
agree  Antonella Andreella (X)
3 mins
  -> thanks
agree  Federica Jean: also: supplementary retirement funds (?)
18 hrs
  -> thanks - pension fund probably more common
agree  gmel117608
11 days
Login to enter a peer comment (or grade)

6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Social Security Funds


Explanation:
They imply not only retirement, but also disability, spouse's benefits and so on.


    Reference: http://www.socsec.org/
biancaf202
Local time: 01:56
Native speaker of: Native in ItalianItalian, Native in SpanishSpanish
PRO pts in pair: 73
Login to enter a peer comment (or grade)

1 day 30 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Additional/supplementary fund


Explanation:
You could say "additional/supplementary pension, social fund" depending on the context.

Marl�ene Gbedo
Local time: 08:56
Native speaker of: English
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