Glossary entry

Danish term or phrase:

feriepenge- eller pensionsberettiget

English translation:

not included in the calculation of holiday pay or pension

Added to glossary by Lise Leavitt
Nov 6, 2014 06:13
9 yrs ago
Danish term

feriepenge- eller pensionsberettiget

Danish to English Law/Patents Law: Contract(s) ansættelsesaftale
Bonus er hverken feriepenge- eller pensionsberettiget.

Herudover yder Selskabet et månedligt bil tilskud på brutto 6.000 kr., som hverken er feriepenge- eller pensionsberettiget.

Pft!
References
Recent mention on BBC News online

Proposed translations

+1
3 hrs
Selected

not included in the calculation of holiday pay or pension

I do not think there is any shorter way of putting it.

The explanation is that an employee's pay startsout as a gross sum, from which various deductions are made in a specific order for tax, pension, holiday pay and so on.

Holiday pay and contributions to the compulsory pension scheme are fixed percentages of the salary, usually including overtime if any.
12½% for holiday pay

This bonus, however, does not count towards holiday or pension, i.e. it will be paid out in full after deduction of tax and other dues.

On the other hand, the amounts set aside for holiday and pension will not be increased by any portion of the bonus.

You may (or may not) find these sites useful
http://loenguiden.dk/beregninger-hvordan-beregnes.html

https://www.pension.dk/da/Virksomheder/Indbetalinger/Beregni...

But they explain in Danish what it is all about...

Note from asker:
Thanks, Christine! This was more or less how I had translated it...I can't seem to come up with anything shorter either =)
Peer comment(s):

agree Charles Ek : But for the inclusion of "feriepenge-", you could have used "pensionable" – http://tinyurl.com/peseam9 – which you might well know already. Christine's suggestion is the only reasonable response in English, IMO.
1 day 6 hrs
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4 KudoZ points awarded for this answer.

Reference comments

5 hrs
Reference:

Recent mention on BBC News online

Well, similar, at least...
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