Glossary entry

English term or phrase:

an affected plan

Hebrew translation:

תכנית בעלת זיקה

Added to glossary by Joab Eichenberg-Eilon
Feb 28, 2012 22:21
12 yrs ago
English term

an affected plan

English to Hebrew Bus/Financial Law: Taxation & Customs Emplyee Benefit Plans
The term appears in numerous documents concerning benefit plans. The application of the regular meaning of "affected" does not work here. Following is the sentence from which the term is taken. Can you help?

It is therefore incumbent upon all involved in an affected plan to assure that any selection of lawyers to provide service be based on some rational process and that steps are taken to assure that the compensation paid to such attorneys bear some reasonable relationship to the actual work performed for members of the plan.

Discussion

Donn Hyman (X) Feb 29, 2012:
.... and i almost forgot about that one..... so Lingopro deserves any credit......
Lingopro Feb 29, 2012:
I now realize that LegalAce already posted a suggestion almost identical to my last one here on the discussion board.
Donn Hyman (X) Feb 29, 2012:
Lingopro's suggestion

תוכנית המושפעת מההנחיות או מהחוקים או מהכללים או מהתקנות

is very interesting...
Lingopro Feb 29, 2012:
After some more thought and discussion... Since the plan must have זיקה to something, I would use LegalAce's and my suggestions combined:</br>
תוכנית בעלת זיקה להנחיות או לחוקים או לכללים או לתקנות
</br>And since the closest to the source is מושפעת, you can actually say
תוכנית המושפעת מההנחיות או מהחוקים או מהכללים או מהתקנות
Joab Eichenberg-Eilon (asker) Feb 29, 2012:
Very helpful, thanks! Lingopro, your explanations and links are extremely helpful. They still don't solve the problem, because there was nothing earlier in the text to which there could be a זיקה. But your suggestion is now the closest to the goal.
Lingopro Feb 29, 2012:
This might shed some light: http://www.albit.co.il/princeple.htm - see the para with this heading: עקרון ביטוח כפל, עקרון ההשתתפות


Joab Eichenberg-Eilon (asker) Feb 29, 2012:
Not yet The context is one of a employee benefits plan. Therefore the disaster and compromise options or not relevant. The two others are possible, but what I need is the equivalent of the term "affected plan" in and of itself, without something else to which it refers. If no such solution is offered, the most relevant to my text so far is LegalAce's suggestion.

Proposed translations

1 hr
Selected

תכנית בעלת זיקה

The word affect also means to have affinity for. One of the translations Babylon suggests is:
affected = -להיות בעל זיקה מסוימת לגבי

I think this makes sense in your context:
It is therefore incumbent upon all involved in an affected plan to assure that any selection of lawyers to provide service be based on some rational process...
...לפיכך, חובה על כל המעורבים בתכנית (פנסיה?) בעלת זיקה להבטיח כי בחירת עורכי הדין אשר יספקו שירותים תתבסס על תהליך רציונלי

In the link, search for the word זיקה.
I'm wondering if in your text the זיקה is of a person towards a pension products or of a person towards his appointed beneficiaries.
If you had another example of this term, it would be helpful.

Note: E&OE.
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4 KudoZ points awarded for this answer.
9 mins

תוכנית של פשרה/תוכנית פשרה

הגעתי לאפשרות זאת דרך העובדה הבאה
affected = compromised
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37 mins

תכנית החלה באיזור שהוכרז כמוכה אסון

see link bellow, para B
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53 mins

תוכנית עליה חלים הכללים - או החוק או ההוראות

this is just a suggestion.

I am assuming you disliked the following

תוכנית מושפעת


explanation

in various cases a new set of rules are adopted or enacted that affect a plan.

typically the new rules have a definition paragraph to determine when the new set of rules apply and which plans are affected by them.

so in order to avoid using the straight forward translation of

תוכנית מושפעת

I would like to suggest

תוכנית עליה חלים הכללים - או החוק או ההוראות

or

תוכנית אשר מושפעת מן הכללים - או מן החוק או מן ההוראות

hope this helps....
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12 days

קרן//תוכנית גמלאות שנפגעה מאסון /// הפרשות לקרן//תוכנית גמלאות וכו'

ההתייחסות היא להשפעה שלילית של אסונות טבע על הפרשות לתוכניות גמלאות.
The IRS announced today that they would be extending the deadline for defined contribution retirement plan sponsors that were affected by flooding, storms, or other natural disasters in several states.
... A plan is an “affected plan” only if any of the following locations relating to the plan were in the federally declared disaster areas at the time of the disasters:

1. The principal place of business of the employer that maintains the plan; 2. The principal place of business of the employer that employs more than 50 percent of the active participants covered by the plan;.... or 5. The office of any advisor that had been retained by the plan or the employer at the time of the storms or other severe weather that is directly involved with the adoption of the plan or the submission of a determination letter application to the IRS.
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