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Glossary entry

French term or phrase:

"prestation de sortie"

English translation:

transfer of pension funds to another fund

Added to glossary by Karen Vincent-Jones (X)
Nov 28, 2011 14:30
12 yrs ago
16 viewers *
French term

"prestation de sortie"

French to English Bus/Financial Insurance official document relating to Swiss retirement Pension schemes
"Conformément à lq loi fédérale sur le libre passage (LFLP) nous devons transférer votre prestation de sortie à l'institution de prévoyance de votre nouvel employeur"

... we must transfer the money accrued in your occupational pension account ... ?

I would welcome suggestions -- I am doing this for a friend leaving Switzerland, but am rather out of my debt, being unfamiliar with pensions and their terminology in both French and English.
Proposed translations (English)
4 transfer of pension funds to another fund
3 +1 vested benefits
4 leaving benefit
3 accumulated benefits
Change log

Jan 21, 2012 17:23: Karen Vincent-Jones (X) Created KOG entry

Proposed translations

3 hrs
Selected

transfer of pension funds to another fund

I think this is all it means. When an employee leaves an employer, his/her accumulated pension funds are transferred to another employer.
Example sentence:

transfer of pension funds to another fund

Is my employer obliged to transfer my pension fund to my new employer when I change jobs?

Reference:

http://www.cashquestions.com/forum/showthread.php?6039-Options-for-transfer-of-pension-fund

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4 KudoZ points awarded for this answer. Comment: "thank you. I think this is the more appropriate answer in the context of the particular situation. "
+1
29 mins

vested benefits

Peer comment(s):
agree rkillings
18 hrs
Merci!
Something went wrong...
1 hr

leaving benefit

termination benefit
Peer comment(s):
neutral AllegroTrans : how do you know it's a separate benefit, rather than just accrued benefits? Any refs?
8 hrs
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9 hrs

accumulated benefits

Wealthtime :: SIPP Transfers
... transfers it may not always be possible to transfer your existing pension benefits to a ... will also be responsible for calculating the transfer value of your accumulated ...
www.wealthtime.co.uk/module/content/96 - Cached
Transfer Considerations | Pensions | Bestinvest
Income drawdown is a way of to defer using your accumulated pension funds to ... length of time your fund is invested offset any cost or lost benefits? i. Transfer ...
www.bestinvest.co.uk/pensions-retirement/transfer... - Cached
Qrops - Qrops Advice - Pension Transfer
... concept in pension arrangements which permits individuals to transfer their accumulated pension ... you do not face disciplinary tax charges. What are the key benefits of a ...
www.pension-transfers.ws - Cached
UCD HR Home > Pensions > Transferring Pension Benefits
Transferring Pension Benefits. Overview. Employees coming to UCD ... UCD operates a knock for knock transfer basis which means the pensionable service accumulated with the ...
www.ucd.ie/hr/pensions/transferringpensionbenefits - Cached
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