Glossary entry (derived from question below)
Spanish term or phrase:
indemnización vejez
English translation:
lump sum retirement payment
Added to glossary by
Jacob Lagnado
Nov 3, 2014 11:47
9 yrs ago
8 viewers *
Spanish term
indemnización vejez
Spanish to English
Law/Patents
Insurance
pensions
This refers to the "indemnizacion sustitutiva" in Colombia, a one off payment for people who haven't made enough social security contributions to get a pension, as referred to at http://www.colpensiones.gov.co/publicaciones/es-CO/129/Pensi...
The context is a letter from the Social Security Institute (ISS) saying someone does not receive a pension but that the "ISS reconocio indemnización vejez (unico pago)."
I am toying with various options, such as "lump sum old age payment". I think I should avoid the terms compensation/indemnization because of potential ambiguity, but am wary of inserting 'pension' in the translation too. I would be interested in any other suggestions.
Thank you!
The context is a letter from the Social Security Institute (ISS) saying someone does not receive a pension but that the "ISS reconocio indemnización vejez (unico pago)."
I am toying with various options, such as "lump sum old age payment". I think I should avoid the terms compensation/indemnization because of potential ambiguity, but am wary of inserting 'pension' in the translation too. I would be interested in any other suggestions.
Thank you!
Proposed translations
(English)
| 4 +5 | lump sum retirement payment |
Jo Hance
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| 4 | gratuity |
jude dabo
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Proposed translations
+5
19 mins
Selected
lump sum retirement payment
'Old age' sounds a bit, er ageist and old! In the UK we talk about people who no longer work as being retired. 'Jubilado' in Spanish I think?
Lump sum is good, another option could be one-off.
Regards.
Lump sum is good, another option could be one-off.
Regards.
4 KudoZ points awarded for this answer.
Comment: "Thanks, and fair point about 'old age' (some of those old expressions like old age pension still in my ahead...)"
8 hrs
gratuity
another option
Peer comment(s):
| disagree |
AllegroTrans
: do you mean annuity?? a gratuity means something given free.....// read what the asker says, the person concened has to make a lump-sum payment so this cannot be a gratuity// what is "a government staff"?
24 mins
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I mean gratuity please - an amount of money given to a retiring soldier or employee or a government staff
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| agree |
bigedsenior
: Gratuity is used in the UK & other Commonwealth nations. (Not used in USA.)
2 hrs
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Thanks bigedsenior!
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