Glossary entry (derived from question below)
German term or phrase:
Einzelzusage
English translation:
[the employee\'s] individual pension arrangement
Added to glossary by
Nick Brisland, BA (Hons)
Feb 21, 2019 16:44
5 yrs ago
2 viewers *
German term
Einzelzusage
German to English
Bus/Financial
Law: Contract(s)
I'm translating a contract for working during semi-retirement and I have come across this sentence:
Die Beiträge der Einzelzusage werden auf Basis der 2018 gezahlten Beträge bis zum Ende der Altersteilzeit unverändert weitergezahlt.
I'm not sure what 'Einzelzusage' is in English. Could it be the lump-sum payment received when you retire?
Thanks in advance!
Die Beiträge der Einzelzusage werden auf Basis der 2018 gezahlten Beträge bis zum Ende der Altersteilzeit unverändert weitergezahlt.
I'm not sure what 'Einzelzusage' is in English. Could it be the lump-sum payment received when you retire?
Thanks in advance!
Proposed translations
(English)
| 4 | [the employee's] individual pension arrangement |
Steve Robbie
|
| 4 | Individual Agreement/Contract |
Sarojini Seeneevassen
|
Change log
Feb 22, 2019 10:21: Nick Brisland, BA (Hons) changed "Field" from "Bus/Financial" to "Law/Patents"
Feb 22, 2019 19:18: Steffen Walter changed "Field" from "Law/Patents" to "Bus/Financial"
Proposed translations
3 days 2 hrs
Steve Robbie
United Kingdom
United Kingdom
Native in English
Works in field
United Kingdom
Expertise, accuracy and style
Native in: English 
Works in: German to English, French to English, Dutch to English
Related KudoZ points
:
4
Selected
[the employee's] individual pension arrangement
"Zusage" essentially means the granting of a pension to an employee by an employer.
"Einzelzusage" implies an individual pension arrangement, rather than a collective scheme.
https://www.u-di.de/index.php/betriebliche-altersvorsorge/gl...
So here it would appear that the employer is promising to continue to pay pension contributions in accordance with an individual pension arrangement.
"Einzelzusage" implies an individual pension arrangement, rather than a collective scheme.
https://www.u-di.de/index.php/betriebliche-altersvorsorge/gl...
So here it would appear that the employer is promising to continue to pay pension contributions in accordance with an individual pension arrangement.
4 KudoZ points awarded for this answer.
Comment: "Thanks Steve."
1 hr
Sarojini Seeneevassen
Mauritius
Mauritius
Native in English
Mauritius
Native, my main target language
Native in: English
Works in: German to English, French to English, Creoles & Pidgins (French-based Other) to English
Individual Agreement/Contract
Specific contract agreed upon on an individual basis between employer and employee
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