Glossary entry

German term or phrase:

Beteiligungsrente

English translation:

Additional Voluntary Contribution (AVC) scheme

Added to glossary by Antje Ruppert
Jun 29, 2011 14:58
12 yrs ago
1 viewer *
German term

Beteiligungsrente

German to English Bus/Financial Insurance Rente
Es geht darum, die vom Arbeitgeber bereitgestellte Grundversorgung durch Eigenbeteiligung zu ergänzen. Gibt es dafür einen feststehenden Begriff im Englischen oder ist "participation pension scheme" vielleicht so akzeptabel.

Danke im Voraus,

Antje

Discussion

Antje Ruppert (asker) Jun 29, 2011:
I tried to provide as much context as I could
philgoddard Jun 29, 2011:
We need the German context, please - but Rente doesn't mean pension scheme.

Proposed translations

+1
23 mins
Selected

Additional Voluntary Contribution (AVC) scheme

Additional Voluntary Contribution (AVC) scheme
OR Additional Voluntary Contributions (AVC) scheme

Additional voluntary contributions
A scheme member can make an extra payment to a pension through an Additional Voluntary Contribution (AVC) scheme.
http://www.sharingpensions.co.uk/employpen3.htm

http://tinyurl.com/6cdoqnp

Would this perhaps be anything to do with VW? Most of the references to Beteiligungsrente seem to involve Volkswagen, e.g.
"Die Beschäftigten von VW können ihre Altersvorsorge außerdem durch eine Beteiligungsrente aufbessern. Sie besteht aus den vermögenswirksamen Leistungen, die VW-intern verbucht werden, sowie aus ***freiwilligen Beiträgen der Mitarbeiter***."
http://www.test.de/themen/versicherung-vorsorge/meldung/Betr...

Note from asker:
This is perfect. My job does not relate to VW but I guess there are other businesses that use these schemes.
Peer comment(s):

agree philgoddard : This is what it's called in the UK.
9 mins
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4 KudoZ points awarded for this answer. Comment: "Thanks so much. Very helpful!"
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