Examples of using Defined contribution in English and their translations into German
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Defined contribution.
A defined contribution scheme has also been created for local councillors Fonpel.
Certain subsidiaries sponsor various defined contribution plans.
Defined contribution pension plans should have automatic enrollment or be mandatory.
These schemes are either the"defined contribution" or the"final salary" type.
For newly recruited staff as of the 1st January 2016,they succeeded in agreeing on a pension scheme within a Defined Contribution Model.
Pension entitlements arise from either defined contribution schemes or defined benefit schemes.
In the case of defined contribution plans, the company has no further obligations beyond the payment of fixed contributionsto the plan.
General conditions classic group insurance defined contribution Dutch.
Thereof, for defined contribution plans including employers' contributions to state pension plans.
Multi-employer plans: All these are defined contribution plans.
Each client with active defined contribution group insurance(DC) will annually receive an overview of the overall funding level.
This will entail switching from a defined benefit to a defined contribution system, i. e.
Governments, for their part, could require defined contribution pension plan deposits at a high enough rate to provide a reasonable income in retirement.
Since no further liability arises for the group once the contributions have been paid to either the state or private retirement fund,these plans are treated as defined contribution plans.
Hybrid schemes combining defined benefit and defined contribution elements are also available.
Defined contribution solutions We have developed private markets offerings for the world's three largest defined contribution(DC) markets, the US, the UK and Australia.
In the year under review, the total expense arising from defined contribution plans amounted to €42,987 thousand 2009: €45,200 thousand.
Defined contribution plan: Sums are transferred to a pension fund for a group of employees. The fund man- ages the money and pays the post-employment bene- fits.
The group has additionally set up a pension plan with defined contribution characteristics for all its employees.
The pension obligations in the KSB Group include defined contribution and defined benefit plans and contain both obligations from current pensions and future pension benefit entitlements.
The consolidated income statement also includes expenses for defined contribution plans of MCHF 2.0 in 2012 PY: MCHF 1.7.
This stipulates that all new pension plans are, as a rule,only to be designed as defined contribution plans so that the charges from benefit commitments are always acceptable, calculable and transparent, and so that no risks can arise that the company cannot influence.
Contracting out is nowalso possible for employers with money purchase(defined contribution) schemes Contracted-Out Money Purchase schemes.
The importance of funded provision, especially of the defined contribution type where investments risks are typically borne by pension savers, is set to increase markedly.
At the beginning of 1995, the Société Générale, for example, decided to create a defined contribution scheme to which all bank employees with one year's seniority would belong.
The STP scheme has already been changed to a defined contribution scheme thereby avoiding the potential financial problems.
Current pensions based on the commitments given from 2009 onwards(defined contribution commitment) are increased annually by at least 1% of their most recent(gross) amount.