Glossary entry

Russian term or phrase:

Накопительный пенсионный фонд

English translation:

retirement savings plan

Added to glossary by olganet
Feb 19, 2005 04:54
19 yrs ago
2 viewers *
Russian term

Накопительный пенсионный фонд

Russian to English Bus/Financial Finance (general)
Фонд, в который производятся отчисления из заработной платы для будущих пенсионных выплат

Proposed translations

+4
35 mins
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retirement savings plan

Registered Retirement Savings Plan
A registered **retirement savings plan **(RRSP) is a retirement plan that we register and that you or your spouse or common-law partner establish and contribute to. Deductible RRSP contributions can be used to reduce your tax. Any income you earn in the RRSP is usually exempt from tax for the time the funds remain in the plan. However, you generally have to pay tax when you cash in or receive payments from the plan.

http://www.cra-arc.gc.ca/tax/individuals/topics/rrsp/menu-e....

The Official TSP Home Page, maintained by FRTIB; 2004-12-14The Thrift Savings Plan (TSP) is a defined contribution **retirement savings plan** for Federal employees. In this site, you can find ...
www.tsp.gov/


Retirement savings vehicles, such as IRAs and 401(k)s, offer workers the opportunity to save for retirement using pre-tax dollars. Do workers use these plans? What persuades workers to participate in these plans?

Who Participates--How Much Do They Contribute?
According to the RCS, 76 percent of workers offered a 401(k) or similar **retirement saving plan **at work contribute to the plan. Of participants
http://www.ebri.org/rcs/1997/401k.htm

Peer comment(s):

agree Natalie
6 hrs
спасибо
agree Ines Burrell
7 hrs
спасибо
agree Alexander Demyanov
8 hrs
спасибо
agree Angeliki Kotsidou (X)
9 hrs
спасибо
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4 KudoZ points awarded for this answer. Comment: "Graded automatically based on peer agreement."
58 mins
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Pension Fund

"Pension Fund: A fund set up by a company, union, government entity, or other organisation to invest the pension contributions of members and employees, and pay out pensions to those people when they reach retirement age.
Pension funds accumulate huge pools of capital which they invest in the stock and bond markets. Because of the weight of money, they exert considerable influence on the markets, and their decisions on which shares to hold in which sectors have a substantial impact on prices.
Some pension funds employ their own fund managers; others delegate responsibility to external fund managers. Invariably they will try to achieve a diversified portfolio of investments, some in low risk areas, others in high risk areas. Actuaries determine how much is going to have to be paid out to pension holders in forthcoming years, and the pension fund has to try to achieve a rate of return on its capital that will meet (or better still exceed) this target."
http://www.finance-glossary.com/terms/pension-fund.htm?ginPt...
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Accumulating Pension Fund

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8 hrs
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pension scheme (UK) / retirement plan (US) / pension plan (Canada)

Google hits

retirement plan - 2,700,000
pension plan - 2,640,000
pension scheme - 838,000
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accumulating retirement fund

... Your **accumulating retirement fund** can now be structured as an individual,
personalised portfolio, managed by Goodbody Stockbrokers. ...
www.aibcorporate.com/taxbasedinvestments1.asp

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Note added at 12 hrs 24 mins (2005-02-19 17:19:14 GMT)
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RRSP is strictly for Canada, I believe. Next door, in the States, say, they have probably never heard of it. It\'s more the name than the term, if you know what I mean.

And there are other ways / retirement plans beyond RRSP.
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