Glossary entry

Dutch term or phrase:

ER dragerschap

English translation:

the employer's own risk / self-insurance

Added to glossary by rafw
Dec 10, 2005 13:36
18 yrs ago
1 viewer *
Dutch term

ER dragerschap

Dutch to English Bus/Financial Law (general) Company regulations
This is in a text for company regulations. This is a section on WAO and WIA:
ER dragerschap met ingang van 29 december afschaffen. Wordt centraal opgezegd door dhr Aaa. Rond dit besluit zal toelichtende communicatie worden opgesteld.
Centraal zullen afspraken gemaakt worden met betrekking tot WIA, waarbij wij adviseren ruime voorzieningen te nemen

Discussion

Kate Hudson (X) Dec 10, 2005:
Could ER possibly be 'eigen risico' ?

Proposed translations

+1
3 hrs
Selected

the employer's own risk / self-insurance

For info on "Eigenrisicodragerschap" (employer reintegrating employees,partially/totally unable to work)- "Voor 2006 is de periode van eigenrisicodragerschap vastgesteld op 4 jaar." [see vng-link]
Peer comment(s):

agree Kate Hudson (X)
2 mins
Thanks, you found it as well
neutral Dave Calderhead : How does this fit with "ER dragerschap met ingang van 29 december afschaffen"? (:-{(>
8 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you! Thanks to everyone for their explanations!"
17 mins

Probably - see below

because of the change of the WAO to WIA, on 29 December 2005, companies continue to be responsible for the effort to reintegrate people in suitable jobs.
Currently, companies either have to take out insurance against the risk of paying the costs of sick employees, or carry those risks themselves. Thus, scrapping the own risk responsibility would imply that the company is taking out insurance instead.

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Note added at 19 mins (2005-12-10 13:55:19 GMT)
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The company is making adequate provisions, which could still be own management or placement of an insurance.

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Note added at 20 mins (2005-12-10 13:56:19 GMT)
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Probably in my answer refers to Kate's ER question!

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Note added at 24 mins (2005-12-10 14:00:49 GMT)
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On better reading of the text this looks like instructions from a holding company, in which subsidiaries are being advised that the holding company is scrapping its support for WAO risks and recommending that the subsidiaries make adequate provisions for the risks.
The provisions could be by way of insurance or, as an alternative, holding reserves to cover costs incurred.

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Note added at 3 days 4 hrs 52 mins (2005-12-13 18:29:10 GMT)
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yo satisfy RAFW - my answer would be 'own risk responsibility' and in context see scrapping its "support for WAO risks" in the note above
Peer comment(s):

neutral rafw : In fact, what do you propose as translation: do we have to look for it in your explanation ?
3 days 4 hrs
Something went wrong...
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