Glossary entry

Flemish term or phrase:

tweede pijlerproducten

English translation:

company pensions

Added to glossary by Andre de Vries
Jan 19, 2006 14:59
18 yrs ago
Flemish term

tweede pijlerproducten

Flemish to English Bus/Financial Insurance
Onder deze hoofding geeft u alle tweede pijlerproducten weer, zoals groepsverzekeringen, bedrijfsleidersverzekeringen, bijdragen aan het vrij aanvullend pensioen voor zelfstandigen (VAP of APZ), voorzorgskas voor geneesheren of apothekers (VKG of VKA).

I have found derde pijlerproducten as well - but I don't know if this has any very specific meaning.
Proposed translations (English)
3 company pensions

Discussion

Andre de Vries (asker) Jan 19, 2006:
voluntary pensions evidently these are non-statutory or voluntary schemes, but then what is a derde pijlerproduct ?

Proposed translations

23 hrs
Selected

company pensions

In the article on page 23 of the linked PDF, the author describes the 3 levels in the Belgian pension system, using the metaphor of floors in a building. The second level consists of pension products organised at company level, i.e. company pensions. The third level consists of pension products aimed at individuals, i.e. private pensions.

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Note added at 1 day36 mins (2006-01-20 15:36:21 GMT)
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'Occupational pensions' is a viable alternative; see http://www2.warwick.ac.uk/fac/soc/wbs/research/wfri/policy/w...
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4 KudoZ points awarded for this answer. Comment: "Excellent answer! thanks very much"
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