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Dutch to English translations [PRO] Bus/Financial - Business/Commerce (general) / pensions | | Dutch term or phrase: franchise | FRANCHISE
Pensioen wordt niet opgebouwd over het gehele pensioen gevende salaris. Op 65 jaar bestaat immers recht op een AOW-uitkering, hiermee wordt rekening gehouden door middel van een franchise. Pensioenregelingen kennen veelal een 70% resultaat inclusief deze AOW. Om dit pensioenresultaat te bereiken wordt in de opbouwperiode van het pensioen, de AOW ingebouwd. In de praktijk worden verschillende keuzes gemaakt, welk AOW-bedrag als uitgangspunt wordt genomen.
this has been discussed maybe under pensioengrondslag - but I don't suppose that "policy excess" would be correct. |
| | | deductible | Explanation: is the term I use (and I have translated pension plan rules for big banks, insurance companies and large listed companies). |
| Selected response from: xxxjarry South Africa Local time: 08:48
| Grading comment thanks 4 KudoZ points were awarded for this answer |
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8 mins confidence:  
47 mins confidence:   deductible
Explanation: is the term I use (and I have translated pension plan rules for big banks, insurance companies and large listed companies).
| xxxjarry South Africa Local time: 08:48 Specializes in field Native speaker of: English PRO pts in category: 237
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