Sep 22, 2023 23:19
8 mos ago
14 viewers *
Spanish term
Mexico
Beneficio definido: Formula de indemnización legal sin gravar impuestos topados
Spanish to English
Other
Human Resources
Retirement pension scheme
The ---------pension scheme is divided into two parts:
Beneficio definido: Formula de indemnización legal sin gravar impuestos topados a la ley vigente.
Para su cálculo se incluye:
• 3 meses de sueldo base
• 20 días de sueldo base por cada año cumplido
• Proporcionales de vacaciones, aguinaldo,
Beneficio definido: Formula de indemnización legal sin gravar impuestos topados a la ley vigente.
Para su cálculo se incluye:
• 3 meses de sueldo base
• 20 días de sueldo base por cada año cumplido
• Proporcionales de vacaciones, aguinaldo,
Proposed translations
(English)
| 3 | Defined Benefit: Statutory (severance) pay formula without any legally applicable tax cap |
Adrian MM.
|
| 3 -1 | standard calculation on company pay-out without tax cap |
Lisa Rosengard
|
Proposed translations
1 hr
Adrian MM.
Austria
Austria
Native in English
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
16
Selected
Defined Benefit: Statutory (severance) pay formula without any legally applicable tax cap
Topados doesn't mean mean payable, but limited or 'capped'. That much ought to be obvious.
Beneficio definido: Defined Benefit, points to 'Spanglish' as a back-translation from an English/ Anglo-American source text.
fórmula de indemnización legal sin gravar impuestos topados a la ley vigente : formula / equation as used for statutory (severance) pay, but uncapped by any legally applicable taxes > is what I think it means, but the message could have come out garbled.
indemnización : damages, compensation or benefit but, otherwise, one meaning - in UK and US insurance and without the legal - is 'settlement payment'.
Beneficio definido: Defined Benefit, points to 'Spanglish' as a back-translation from an English/ Anglo-American source text.
fórmula de indemnización legal sin gravar impuestos topados a la ley vigente : formula / equation as used for statutory (severance) pay, but uncapped by any legally applicable taxes > is what I think it means, but the message could have come out garbled.
indemnización : damages, compensation or benefit but, otherwise, one meaning - in UK and US insurance and without the legal - is 'settlement payment'.
Example sentence:
Cuándo procede el pago de la indemnización legal por años de servicio sin tope de años?
indemnizaciones laborales: a) Indemnización legal Este tipo de indemnización tiene lugar en los casos que la terminación del contrato de trabajo
Reference:
http://www2.proz.com/kudoz/spanish-to-english/agriculture/1965364-topados.html
http://www.dt.gob.cl/portal/1628/w3-propertyvalue-22130.html
Peer comment(s):
| neutral |
philgoddard
: It's not about severance or any other pay. And even if you think the meaning of topados is obvious, you should provide a convincing reference.
21 hrs
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It *is* about the defined benefit being based on severance or REDUNDANCY pay. Otherwise, I - and obviously, albeit ubiquitously, you also with an insurance background - could not find any ref. to what I surmise had been an ENG back-translation of capped.
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4 KudoZ points awarded for this answer.
Comment: "Thanks for your answer to a difficult question"
-1
20 hrs
Lisa Rosengard
United Kingdom
United Kingdom
Native in English
United Kingdom
experienced and well qualified linguist
Native in: English (Variant: UK)
Works in: Spanish to English, English, Spanish, and 3 more.
standard calculation on company pay-out without tax cap
Defined benefit: calculation on legal indemnity without a tax cap under the current law.
- 3 months base wage
- 20 days base wage for each year of service with a proportional holiday pay bonus, depending on the amount of days, weeks or months of work each year, for instance an employment contract includes 25 days of paid holiday each year.
Indemnity is considered often with insurance or compensation claim pay-outs. However, in a retirement pension scheme it seems to be the beginning of pension payments made to a former employee, after the point of retirement from work.
A tax cap places an upper bound or limit on the amount of government tax a person might be required to pay.
There's a document on a cap on income tax in the UK. A standard measure is 25% for incomes less than 50k, with a 40% tax expectation for incomes over 50k. Also, incomes below 18k are not subject to income tax.
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Note added at 1 day 18 hrs (2023-09-24 17:59:44 GMT)
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base wage = basic rate of pay
In mathematics a formula is a statement, especially an equation, of a fact, rule, principle or other logical, legal relation. (thefreedictionary.com)
On a money helper web site a defined benefit is a final salary pension scheme.
"3 factors used to calculate a final salary pension include:
- the length of employment over which one is entitled to claim
- full time salary for the time period
- the final salary pension provider accrual rate: normally 1/60th or 1/80th part,
accrued annually".
https://www.moneyhelper.org.uk/en/pensions-and-retirement/pe...
On google,
"to calculate the total pension value for a final salary, multiply the expected annual pension by 20, add the figure to the amount of any tax-free cash lump sum from that pension"
On google there's a formula applied to a Spanish indemnity calculation:
"daily salary x months of service completed x 20 days of work each year / (divided by 12) = indemnity".
- 3 months base wage
- 20 days base wage for each year of service with a proportional holiday pay bonus, depending on the amount of days, weeks or months of work each year, for instance an employment contract includes 25 days of paid holiday each year.
Indemnity is considered often with insurance or compensation claim pay-outs. However, in a retirement pension scheme it seems to be the beginning of pension payments made to a former employee, after the point of retirement from work.
A tax cap places an upper bound or limit on the amount of government tax a person might be required to pay.
There's a document on a cap on income tax in the UK. A standard measure is 25% for incomes less than 50k, with a 40% tax expectation for incomes over 50k. Also, incomes below 18k are not subject to income tax.
--------------------------------------------------
Note added at 1 day 18 hrs (2023-09-24 17:59:44 GMT)
--------------------------------------------------
base wage = basic rate of pay
In mathematics a formula is a statement, especially an equation, of a fact, rule, principle or other logical, legal relation. (thefreedictionary.com)
On a money helper web site a defined benefit is a final salary pension scheme.
"3 factors used to calculate a final salary pension include:
- the length of employment over which one is entitled to claim
- full time salary for the time period
- the final salary pension provider accrual rate: normally 1/60th or 1/80th part,
accrued annually".
https://www.moneyhelper.org.uk/en/pensions-and-retirement/pe...
On google,
"to calculate the total pension value for a final salary, multiply the expected annual pension by 20, add the figure to the amount of any tax-free cash lump sum from that pension"
On google there's a formula applied to a Spanish indemnity calculation:
"daily salary x months of service completed x 20 days of work each year / (divided by 12) = indemnity".
Example sentence:
"This measure (tax cap) supports the government
Discussion