Glossary entry

German term or phrase:

bav-lohnarten

English translation:

Company pension plan

Added to glossary by Nadja Wieser
Jun 14, 2022 03:06
2 yrs ago
24 viewers *
German term

BAV-Lohnarten

FVA German to English Bus/Financial Law: Taxation & Customs
Footnote in a German earnings statement:

N/S/F-Zuschläge sowie BAV-Lohnarten sind als Lohnart zuerst ST/SV-pflichtig. Die freien Anteile werden in der Brutto-Netto-Berechnung ermittelt.

Thank you in advance...
Proposed translations (English)
3 +2 Company pension plan
Change log

Jun 14, 2022 08:14: Nadja Wieser Created KOG entry

Proposed translations

+2
2 hrs
Selected

Company pension plan

bAV - betriebliche Altersvorsorge = Company pension plan

A pension plan is an employee benefit that commits the employer to make regular contributions to a pool of money that is set aside in order to fund payments made to eligible employees after they retire.
Peer comment(s):

agree Ramey Rieger (X)
54 mins
agree Rama Bhave
2 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "First validated answer (validated by peer agreement)"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search