Glossary entry

Spanish term or phrase:

(pensión) actuarialmente actualizada (por jubilación anticipada)

English translation:

actuarially reduced (pension due to early retirement)

Added to glossary by Hazel Whiteley
Aug 29, 2004 10:33
19 yrs ago
1 viewer *
Spanish term

actuarialmente actualizada

Spanish to English Bus/Financial Business/Commerce (general) pensions
In relation to a company:

"el Consejo de Administración aprueba dar asimismo ejecución y cumplimiento a los compromisos retributivos aprobados, practicándose una liquidación, actuarialmente actualizada, de los derechos de pensión que tenía reconocidos"

Thanks.

Proposed translations

3 hrs
Selected

actuarially reduced

Updated is probably OK but I think "reduced" is more appropriate.
Here are some references. I think it may be to do with giving a pension earlier than normal (thus for longer)therefore it has to be actuarilly reduced (taking into account risks, estimated life expectancy of the receiver of the pension etc.).
Actuarially Reduced Pensions for Teachers. Note: This general advice ... separate advice. Details of Actuarially Reduced Pensions. An idea ...
www.suffolknut.org.uk/actred.htm - 10k - Cached - Similar pages
The unreduced pension would be £10,448 and the unreduced lump sum £31,344. 1 ACTUARIALLY REDUCED PENSIONS GUIDANCE FROM THE NATIONAL UNION OF TEACHERS Page 2. ...
www.glosnut.co.uk/ARP.pdf
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4 KudoZ points awarded for this answer. Comment: "Thanks"
+3
18 mins

actuarily updated// updated by an (authorized) actuary

Some options.
Peer comment(s):

agree translatol : I prefer the first alternative as a translation; the second is more of an explanation The pension plan from which I draw my pension does this annually.
4 mins
Yes, I guess so. I posted it because I often found "actuarily", but not together with "updated", so just in case... I agree with you, the first though sounds more as it is. Thanks!
agree Maria Luisa Duarte
21 mins
¡gracias, MLD!
agree Xenia Wong
3 hrs
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21 mins

actuarially updated or actuarially updation

actualiza:updation
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51 mins

(account taken being) actuarially discounted

'In effect, you have transferred the value of the stock at the end of the
15 years at the actuarially discounted value of the gift. ...'
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