Glossary entry (derived from question below)
German term or phrase:
fondsgebundene Direktzusage
English translation:
funded defined benefit scheme
Added to glossary by
Elizabeth Niklewska
Dec 1, 2002 16:19
21 yrs ago
7 viewers *
German term
United Kingdom
More than 10 years' experience
Native in: English 
Works in: German to English, French to English, Polish to English
fondsgebundene Direktzusage
German to English
Bus/Financial
Investment / Securities
Wir haben uns sehr über Ihren Zuschlag, die Pensionsgelder der Firma XXX im Rahmen einer fondsgebundenen Direktzusage zu managen, sehr gefreut.
description of pension / investment fund
I've found a translation: direct provision promise, but only on a few German sites, so I don't know if this is reliable
description of pension / investment fund
I've found a translation: direct provision promise, but only on a few German sites, so I don't know if this is reliable
Proposed translations
(English)
Change log
Sep 2, 2015 13:42: Steffen Walter changed "Field (specific)" from "(none)" to "Investment / Securities"
Proposed translations
5 hrs
Per Incuriam
Native in English
barrister-at-law
Native in: English 
Works in: German to English, Italian to English, French to English
Related KudoZ points
:
3
Selected
correction
that\'s a typo in my \'agree\' to Ralf - read \"funded defined benefit scheme\"
4 KudoZ points awarded for this answer.
Comment: "Thank you all for you help with this thorny question - no literal translation works here!"
7 mins
Susanna & Christian Popescu
Germany
Germany
Native in German
Germany
building bridges between cultures
Native in: German , Romanian
Works in: Romanian to German, German to Romanian, English to Romanian, and 11 more.
Related KudoZ points
:
8
asset bound direct undertaking
Declined
~ commitment/assurance/promise
Comment: "I also don't think a more literal translation fits here"
+1
1 hr
Ralf Lemster
Germany
Germany
Native in German
Specializes in field
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
Related KudoZ points
:
475
defined benefit scheme backed by an investment fund
"Direktzusage" refers to a pension scheme where a certain level of benefits is guaranteed at the outset (as opposed to "defined contribution" schemes).
I'm afraid literal translations won't work here...
I'm afraid literal translations won't work here...
Peer comment(s):
| agree |
Per Incuriam
: or simply "funded direct benefit scheme" perhaps?
4 hrs
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"Funded defined benefit scheme" works fine - thanks!
|
8 hrs
Kaiya J. Diannen
Australia
Australia
Native in English
Works in field
Australia
Meticulous Attention to Detail = Quality
Native in: English (Variant: US)
Works in: German to English
guaranteed benefit backed by [tied to] investment funds / investment fund-related guaranteed benefit
just another option, I hauled a German explanation from:
http://www.sparkasse.de/artikel/0,4705,16845,00.html
Bei einer Direktzusage macht Ihr Betrieb dem Arbeitnehmer heute die feste Zusage, ihm bei Erreichen der festgelegten Altersgrenze, bei Tod oder bei Arbeitsunfähigkeit entweder einmalig einen feststehenden Betrag oder eine lebenslange Rente zu zahlen.
http://www.sparkasse.de/artikel/0,4705,16845,00.html
Bei einer Direktzusage macht Ihr Betrieb dem Arbeitnehmer heute die feste Zusage, ihm bei Erreichen der festgelegten Altersgrenze, bei Tod oder bei Arbeitsunfähigkeit entweder einmalig einen feststehenden Betrag oder eine lebenslange Rente zu zahlen.
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