feriepenge- eller pensionsberettiget

English translation: not included in the calculation of holiday pay or pension

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:feriepenge- eller pensionsberettiget
English translation:not included in the calculation of holiday pay or pension
Entered by: Lise Leavitt

06:13 Nov 6, 2014
Danish to English translations [PRO]
Law/Patents - Law: Contract(s) / ansættelsesaftale
Danish term or phrase: feriepenge- eller pensionsberettiget
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!
Lise Leavitt
United States
Local time: 14:53
not included in the calculation of holiday pay or pension
Explanation:
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...

Selected response from:

Christine Andersen
Denmark
Local time: 20:53
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1not included in the calculation of holiday pay or pension
Christine Andersen
Summary of reference entries provided
Recent mention on BBC News online
564354352 (X)

  

Answers


3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
not included in the calculation of holiday pay or pension


Explanation:
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...



Christine Andersen
Denmark
Local time: 20:53
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 89
Notes to answerer
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 comments on this answer (and responses from the answerer)
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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Reference comments


5 hrs
Reference: Recent mention on BBC News online

Reference information:
Well, similar, at least...


    Reference: http://www.bbc.com/news/business-29893049
564354352 (X)
Denmark
Native speaker of: Danish
PRO pts in category: 4
Login to enter a peer comment (or grade)



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