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WAO-gat

English translation: WAO shortfall

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:WAO-gat
English translation:WAO shortfall
Entered by: Marijke Mayer
Options:
- Contribute to this entry
- Include in personal glossary

13:45 May 25, 2001
Dutch to English translations [PRO]
Law/Patents
Dutch term or phrase: WAO-gat
de werknemer kan via de werkgever een verzekering afsluiten ter dekking van het WAO-gat.
Marijke Mayer
Netherlands
Local time: 19:17
WAO shortfall
Explanation:
Presumably the Disablement Benefit scheme is having problems covering all the expected payouts, and employees are advised to cover themselves for this eventuality.
You can put 'WAO shortfall' provided that you include a gloss explainin 'WAO' in advance.
Selected response from:

Christopher Smith
United Kingdom
Local time: 18:17
Grading comment
thanks for helping out!
4 KudoZ points were awarded for this answer

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Summary of answers provided
naThe Disability Insurance Act (WAO) disparity
Yngve Roennike
naOccupational Disability Insurance Act shortfallxxxjarry
naPlease read reference below
Cynthia Brals-Rud
naWAO shortfall
Christopher Smith


  

Answers


42 mins
WAO shortfall


Explanation:
Presumably the Disablement Benefit scheme is having problems covering all the expected payouts, and employees are advised to cover themselves for this eventuality.
You can put 'WAO shortfall' provided that you include a gloss explainin 'WAO' in advance.


    Juridisch Lexicon (Gateway, 2000)
Christopher Smith
United Kingdom
Local time: 18:17
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 312
Grading comment
thanks for helping out!
Login to enter a peer comment (or grade)

1 hr
Please read reference below


Explanation:
I think this text will be extremely helpful for the translation you are working on.

The Invalidity Insurance Act (WAO) insures employees younger than 65 against the financial risk of loss of earnings as a result of long-term unfitness for work. A person is eligible for invalidity benefit if he has been classified as at least 15%-unfit to do his job after a waiting period of 52 weeks. This period is equal to the maximum period during which a person is entitled to receive sickness benefit or continue receiving sick pay from his employer. Invalidity benefit is paid for five years. If a person wishes to continue receiving it, he must re-apply at least three months before the five years are up.

The amount of invalidity benefit depends on the claimant’s level of unfitness for work, his wage, and his age when the benefit starts. There are seven classes of invalidity, varying from 15% to more than 80%. Each invalidity class is linked to a percentage, varying from 14% to 70%. Invalidity benefit also comes in two stages: a loss-of-earnings benefit for a maximum of six years and afterwards a follow-up benefit.

Since 1 January 1998, the Invalidity Insurance Act has also applied to civil servants. And the government has introduced two other new compulsory invalidity insurance schemes, for the self-employed and the young disabled.

The Invalidity Insurance (Self-employed Persons) Act (WAZ) provides cover to such persons as freelance workers, clergy, and managing directors who are also major shareholders in their companies. The amount of benefit paid under the WAZ depends on the claimant’s level of invalidity and loss of earnings during the financial or calendar year preceding the benefit’s commencement. But since the earnings of the self-employed often vary widely from year to year, those eligible may claim loss of earnings equal to the average annual amount earned over five years. The maximum amount paid is equal to the minimum wage. Self-employed women are also entitled to benefit for at least 16 weeks while on maternity leave. The self-employed are required to take out WAZ cover.

The Invalidity Insurance (Young Disabled Persons) Act (WAJONG) provides minimum benefit to the young disabled, that is, those who were unfit for work on their 17th birthday or became unfit after that date and had been studying for at least six months in the year immediately preceding it.

http://www.netherlands-embassy.no/content/socialpolicy.htm



Cynthia Brals-Rud
Local time: 19:17
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 109
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11 hrs
Occupational Disability Insurance Act shortfall


Explanation:
I cannot match BridgeVB's explanation, but I can give you the standard translation of the Dutch term. Please note that "Arbeidsongeschiktheid" is the incapacity to work, not just any disability. Hence the translation 'Occupational Disability'.

xxxjarry
South Africa
Local time: 20:17
Native speaker of: English
PRO pts in pair: 3855
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2 days 18 hrs
The Disability Insurance Act (WAO) disparity


Explanation:
Came up in a recent translation, I did


    ad hoc
Yngve Roennike
Local time: 13:17
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 14
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