Glossary entry

Spanish term or phrase:

Descuento Solidaridad

English translation:

Contribution to Solidarity Fund

Added to glossary by Aussaffer
May 12, 2015 06:01
9 yrs ago
10 viewers *
Spanish term

Descuento Solidaridad

Spanish to English Bus/Financial Finance (general) Salary breakdown Colombia
I'm translating a spreadsheet as part of a work contract from Colombia that contains a breakdown of the salary that a foreign employee will receive. One of the items is "Descuento Solidaridad".
Thank you for your help!

Proposed translations

1 hr
Selected

Contribution to Solidarity Fund

Ampliar la cobertura de solidaridad a la población que carece de un sistema de pensiones. Liquidación de aportes de pensiones Concepto APORTES PARA PENSIÓN AÑO 2011 Trabajador Empleador Total Pensión 4% IBC 12% 16% Fondo solidaridad (Cuando devenga 4 o más S.M.L) 1% IBC adicional 1%

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Note added at 1 hr (2015-05-12 07:27:27 GMT)
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http://www.slideshare.net/ricarey/nmina-en-colombia
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4 KudoZ points awarded for this answer.
1 hr

Solidarity Discount

As this type of deduction or retention will take different forms from one country or jurisdiction to another, I think a literal translation works, although I'm not so keen on "discount", and would need to know more about how it is applied.
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