WIA (Work and Income/Capacity to Work Act) package for all Netflix employees

If you become incapacitated for work, it is likely that you will lose out financially. Will you still be able to keep living in your current home? And will you still be able to pay for your children's college education? Netflix wants to insure its employees against the adverse financial effects of incapacity for work. For this reason, Netflix has agreed an a.s.r. WIA package for all its employees.

What is the WIA and what does it involve?

The WIA is the legislative act covering incapacity for work. The WIA consists of the WGA (Return to Work of Partially Incapacitated Persons Scheme) for when you become more than 35% incapacitated for work. And the IVA (Fully Disabled Persons Income Scheme) for when you become totally and permanently incapacitated for work.

The WIA consists of two types of statutory WIA benefits

WGA benefit
WGA literally means the return to work for partially incapacitated persons. You are eligible for a WGA benefit when you are still (partially) able to work. The amount of the WGA benefit, during the wage-related period, depends on your last-earned salary.

IVA benefit
IVA literally means total incapacity for work. Are you unlikely to ever be able to return to work in the future? At this point you will receive an IVA benefit. The IVA benefit is 75% of your wage before you became incapacitated.

When are you entitled to a WIA benefit?

If you have still not (fully) returned to work after 2 years of illness, you can apply for a WIA benefit through UWV (Dutch Employee Insurance Agency). In fact, Netflix's payroll obligation ends after 104 weeks of incapacity for work. On statutory WIA benefits, you will receive up to 70% of your gross annual income. The financial disparity between last-earned wages and a WIA benefit is known as the WIA gap or the WIA shortfall.

You benefit from:

A unique combination of 3 incapacity for work insurance policies
Benefits available as early as 35% incapacity for work
When incapacitated for work, your income does not significantly decline

Everything you need to know about the WIA package

Cover comprises three incapacity for work insurance policies.
1. WIA Excess 70% up to maximum € 250,000 salary
2. WIA fixed supplement 20%
3. Comprehensive WGA shortfall
The insurance is paid for by Netflix, so you are not required to pay anything further.
- The insurance continues as long as you remain employed by Netflix.
- The upper age limit is the same as the state pension age.
- If you are incapacitated for work and consequently leave Netflix's employment, you will remain entitled to the benefit until state pension age. Of course, for only as long as the incapacity for work persists.
a.s.r. takes care of the administration and execution of the WIA package and payment of any benefits. Netflix ensures that you are registered or have opted out of the insurance policies and that all data remains current.
Yes, your name and address details will be supplied to a.s.r. by Netflix. Due to its collective nature, a.s.r. requires this data for administration and execution of the scheme.

How is the benefit calculated?

- For WIA excess insurance, benefits are calculated on income up to €250,000 (including salary, holiday pay and allowances).
- For the comprehensive WGA shortfall insurance, the benefit is calculated over your salary including holiday pay and allowances, with a maximum of €66,956.94 (the maximum WIA annual wage as of January 1, 2023, as determined by UWV).
- For the WIA fixed supplement, the benefit is calculated over 20% of your salary including holiday pay and allowances, with a maximum of €66,956.94 (the maximum WIA annual wage as of January 1, 2023, as determined by UWV).
WIA excess insurance provides cover for incapacity for work in the 35% to 100% category. The pay-out percentage depends on the degree of incapacity for work as determined by UWV.
- For 35-45% incapacity for work, you will receive a supplement of 40% of the insured amount.
- For 45-55% incapacity for work, you will receive a supplement of 50% of the insured amount.
- For 55-65% incapacity for work, you will receive a supplement of 60% of the insured amount.
- For 65-80% incapacity for work, you will receive a supplement of 72.5% of the insured amount.
- For 80-100% incapacity for work, you will receive a supplement of 100% of the insured amount.
The insured amount is equal to 70% of your most recently earned salary less 70% of the (maximum) WIA wage. In determining the insured amount, we assume a maximum insured salary of € 250,000.00 per employee. Do you earn more than €250,000.00? If so, we will not include that portion when calculating the insured amount and you will not receive a benefit on that portion of your salary.
The Comprehensive WGA shortfall insurance comes into play when you are 35-80% or 80-100% temporarily incapacitated for work.
- When you receive a WGA wage related benefit and you utilize more than 50% of your residual earning capacity, you will receive a supplement up to 75% of the insured wage minus your WGA and WW-unemployment benefits, plus 75% of the income you continue to earn from working.
- When you receive a WGA wage-related benefit and you utilize less than 50% of your residual earning capacity, you will receive no further supplement from us.
- When you receive a WGA wage supplement benefit, you will receive a supplement up to 75% of your insured wage minus your WGA and WW-unemployment benefits plus 75% of the income you continue to earn from working.
- When you receive a WGA continuation benefit, you will receive a supplement up to 70% of your insured wage minus your WGA and WW-unemployment benefits plus 70% of the income you continue to earn from working.
Fixed supplement WIA provides cover for incapacity for work in the 35% to 100% category. The pay-out percentage depends on the degree of incapacity for work as determined by UWV.
- For 35-55% incapacity for work, you will receive a supplement of 50% of the insured amount.
- For 55-100% incapacity for work, you will receive a supplement of 100% of the insured amount.
The insured amount is 20% of your salary including holiday pay and allowances, with a maximum of €66,956.94 (the maximum WIA annual wage as of January 1, 2023, as determined by UWV).
Link to some calculation examples from the WIA calculation tool.

Bel dan de Helpdesk WIA-arrangement van a.s.r.: (030) 278 41 40 (ma t/m vr 08.00 en 17.30 uur).