money purchase pension portion

Spanish translation: componente de pensión mediante contribuciones fijas

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10:08 Jan 18, 2003
English to Spanish translations [PRO]
Bus/Financial
English term or phrase: money purchase pension portion
The money purchase pension portion of the Plan, in conjunction with the stock bonus portion of the Plan, shall constitute an Employee Stock Ownership Plan designed to invest primarily in qualifying employer securities
Marva
Local time: 13:51
Spanish translation:componente de pensión mediante contribuciones fijas
Explanation:
del Plan, en combinación con el componente de bonificación accionaria del Plan...

"money purchase pension portion" parece ser un sinónimo de "fixed contribution portion", es decir, que se adquieren los derechos de pensión con el dinero de contribuciones fijas periódicas que, según la ley (Retirement Plan Law), no pueden ser inferiores al 10% de la remuneración anual.

Saludos,

Val
Selected response from:

Valentín Hernández Lima
Spain
Local time: 17:51
Grading comment
Muchas gracias!!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1componente de pensión mediante contribuciones fijas
Valentín Hernández Lima


  

Answers


15 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
componente de pensión mediante contribuciones fijas


Explanation:
del Plan, en combinación con el componente de bonificación accionaria del Plan...

"money purchase pension portion" parece ser un sinónimo de "fixed contribution portion", es decir, que se adquieren los derechos de pensión con el dinero de contribuciones fijas periódicas que, según la ley (Retirement Plan Law), no pueden ser inferiores al 10% de la remuneración anual.

Saludos,

Val


    Reference: http://www.nceo.org/columns/aim21.html
Valentín Hernández Lima
Spain
Local time: 17:51
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 4912
Grading comment
Muchas gracias!!

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