Glossary entry

Italiano term or phrase:

fondi integrativi

Inglese translation:

supplementary pension/benefit funds

Added to glossary by Jonathan Morris
Nov 24, 2002 17:32
21 yrs ago
4 viewers *
Italiano term

fondi integrativi

Da Italiano a Inglese Affari/Finanza
le sua categoria sarà migliorata e... si provvederà alle incombenze del caso e dei fondi integrativi

Discussion

Non-ProZ.com Nov 25, 2002:
fondi integrativi Is there no correlation with "cassa integrazione" - unemployment fund ?

Proposed translations

+3
50 min
Selected

supplementary pension funds

Link below refers to 'integrative pension funds' - which sounds like an Italianism

idea is that a pension fund is constituted from employer contributions to supplement current state pension fund payouts which are likely to prove inadequate in the future.

Could also have 'top-up' pension funds, but think supplementary sounds better.

See FIOM link below.

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Note added at 2002-11-25 00:56:47 (GMT)
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To Bianca - point taken, but I think you have to specify that the funds are supplementary to a basic fund - probably a better overall term is \'supplementary benefit fund\', but you would probably have to specify on a case by case basis - e.g. supplementary disability fund, etc.

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Note added at 2002-11-26 16:42:03 (GMT)
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Note on Cassa Integrazione

http://digilander.libero.it/paginerosse/cb_dizionario.htm - definitions of both - useful site.

My hunch is that the CI and the fondi integrativi are unrelated - since the CI is managed by the INPS, while the fondi integrativi are privately-managed pension funds established by employers (or groups of employers) to provide a supplementary pension to retiring/disadvantaged workers precisely because the state pension is inadequate.
Peer comment(s):

agree Antonella Andreella (X)
3 min
thanks
agree Federica Jean : also: supplementary retirement funds (?)
18 ore
thanks - pension fund probably more common
agree gmel117608
11 giorni
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4 KudoZ points awarded for this answer. Comment: "Grazie tanto!"
6 ore

Social Security Funds

They imply not only retirement, but also disability, spouse's benefits and so on.
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1 giorno 30 min

Additional/supplementary fund

You could say "additional/supplementary pension, social fund" depending on the context.
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