Glossary entry (derived from question below)
German term or phrase:
Voraussetzungen einer Unverfallbarkeit
English translation:
vesting requirements
Added to glossary by
Rowan Morrell
Aug 7, 2004 05:07
20 yrs ago
5 viewers *
German term
New Zealand
Committed to the Customer
Native in: English (Variant: New Zealand) 
Works in: French to English, German to English, Spanish to English
Voraussetzungen einer Unverfallbarkeit
German to English
Law/Patents
Law: Contract(s)
Employment Contract Termination
"Eine Anwartschaft auf Leistungen aus der betrieblichen Altersversorgung ist hiervon im Falle des Vorliegens der ***Voraussetzungen einer Unverfallbarkeit*** nach dem "Gesetz zur Verbesserung der betrieblichen Altersversorgung" nicht betroffen."
From an agreement relating to termination of an employment contract. At the moment, I have "requirements for non-forfeiture" for "Voraussetzungen einer Unverfallbarkeit", but am not very sure about it. TIA for your confirmation or correction.
From an agreement relating to termination of an employment contract. At the moment, I have "requirements for non-forfeiture" for "Voraussetzungen einer Unverfallbarkeit", but am not very sure about it. TIA for your confirmation or correction.
Proposed translations
(English)
Proposed translations
5 hrs
Selected
Maybe this helps
In http://tis.consilium.eu.int (terminology Council European Union)
"Bedingungen für die Unverfallbarkeit" (social context) is translated as "vesting requirements"
see "Vesting Requirements for Members of the State Employees Retirement System of the State of Nebraska" http://ago.nol.org/local/opinion/?topic=details&id=1933
"Bedingungen für die Unverfallbarkeit" (social context) is translated as "vesting requirements"
see "Vesting Requirements for Members of the State Employees Retirement System of the State of Nebraska" http://ago.nol.org/local/opinion/?topic=details&id=1933
4 KudoZ points awarded for this answer.
Comment: "Hirselina was the first to mention "vesting requirements" before others suggested it (or something similar) in added notes, so it's the points to her. But thank you very much Ingrid, David and Fred for your impressive references. I've said "if there are vesting requirements", because Vorliegen implies that they exist, not that they have been met, from my reading of the text. As I see it, they may or may not have been met, but they do exist.
So well done Hirselina, and thanks and commiserations to Ingrid, David and Fred for well-explained and well-referenced answers that also helped a lot. To RNolder: "Another idea" with no further attempt to explain your suggestion didn't cut it (those types of answers don't with me), but thanks anyway for your contribution."
+1
18 mins
provisions of a non-forfeiture
Another idea.
Peer comment(s):
| agree |
gangels (X)
11 hrs
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Thanks Klaus
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22 mins
prerequisites for non-forfeitability
if the prerequisites for non-forfeitability are given.....
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Note added at 2004-08-07 11:02:15 (GMT)
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Since we are talking about Altersversorgung - what about
Preconditions to vesting - it\'s definitely shorter than non-forfeitability :)
Dietl/Lorenz gives vesting for Unverfallbarkeit (eines Pensionsanspruchs)
see also here:
... to the other benefits received from employment is diminished further by the fact
that where a plan has substantial *preconditions to vesting*, the principal ...
caselaw.lp.findlaw.com/scripts/ getcase.pl?court=us&vol=439&invol=551 - 76k
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Note added at 2004-08-07 11:02:15 (GMT)
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Since we are talking about Altersversorgung - what about
Preconditions to vesting - it\'s definitely shorter than non-forfeitability :)
Dietl/Lorenz gives vesting for Unverfallbarkeit (eines Pensionsanspruchs)
see also here:
... to the other benefits received from employment is diminished further by the fact
that where a plan has substantial *preconditions to vesting*, the principal ...
caselaw.lp.findlaw.com/scripts/ getcase.pl?court=us&vol=439&invol=551 - 76k
5 hrs
(if the) conditions for non-forfeitability (are met)
This might well fit.
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Note added at 5 hrs 50 mins (2004-08-07 10:58:00 GMT)
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Well, Rowan, here\'s the entry in Schäfer, WirtschaftsWB:
Unverfallbarkeit
(Re[cht]) non-forfeitability
- unforfeitability
- vesting.
And the entries for the opposite:
verfallbar (Vers[icherung]) forfeitable (e.g. pension right)
Verfallbarkeit f. (Vers) forfeitability
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Note added at 5 hrs 50 mins (2004-08-07 10:58:00 GMT)
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Well, Rowan, here\'s the entry in Schäfer, WirtschaftsWB:
Unverfallbarkeit
(Re[cht]) non-forfeitability
- unforfeitability
- vesting.
And the entries for the opposite:
verfallbar (Vers[icherung]) forfeitable (e.g. pension right)
Verfallbarkeit f. (Vers) forfeitability
+1
7 hrs
Dr. Fred Thomson
United States
United States
Native in English
Specializes in field
United States
A lawyer, technician, nuclear power optr
Native in: English
Works in: German to English
Related KudoZ points
:
463
if vesting requirements have been met
Or: providing vesting requirements have been met
You really don't need to include pre-conditions or pre-requisites.
KISS
You really don't need to include pre-conditions or pre-requisites.
KISS
Peer comment(s):
| agree |
Derek Gill Franßen
: Yes, also see: http://www.fic.gov.bc.ca/pensions/info/minreq.htm AND http://www.investopedia.com/terms/v/vesting.asp AND §1.411(a)-1 under http://a257.g.akamaitech.net/7/257/2422/04nov20031500/edocke...
52 mins
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Thank you, Derek. Great research.
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