Long-term sick leave and incapacitated for work

This is the pension scheme you are enrolled in through your employment. Within the scheme, you may be covered by various insurance policies.

You must be on sick leave for at least 20% for 12 months before the insurance takes effect, when your entitlement to sickness benefit from Nav (the Norwegian Labour and Welfare Administration) ceases.

Waiver of contribution/Premium waiver

Employers are legally required to insure their employees with waiver of contribution, also known as waiver of premium. This means that we take over the payments to your retirement pension that your employer previously paid.

Payments to your retirement pension are made according to your degree of incapacity for work. The retirement pension can be paid out at the earliest from the age of 62.

Disability pension

Some employers choose to insure their employees with a disability pension in the pension scheme.

Disability pension is a monthly payout that is intended to compensate for part of the lost employment income as a result of illness or an insured event.

The disability pension represents a certain percentage of the salary you are registered with in the pension scheme. The salary basis does not normally include overtime, bonuses or other salary supplements.

The disability pension is subject to tax in the same way as ordinary salary, and it is not a requirement that you must have disability benefit from Nav (the Norwegian Labour and Welfare Administration) to be granted a disability pension.

Child supplement for disability pensions

In addition to disability pension, you may also be insured with children's benefit for each child you support who is under 18 or 21 years of age. Children's benefit is paid even if the child does not live with you.

Paid-up policies result in reduced disability pension

If you have disability pension from one or more paid-up policies, it will be deducted from the disability pension you receive from your employer's pension scheme. This applies regardless of whether the paid-up policy comes from another employer or if you hold the paid-up policy with another insurance company. The same applies to the entitlement to disability pension you have from a public service pension scheme. The reduction in the payout of disability pension is determined by the authorities.

Reduction of disability pension from employer if you receive work assessment allowance

According to Norwegian law, a reduction must be made in the payout of disability pension from the pension scheme if you receive work assessment allowance. This is because the combined total of the calculated work assessment allowance from NAV (the Norwegian Labour and Welfare Administration) and pension from the pension scheme must not exceed 70% of the salary you are registered with in the pension scheme.

A paid-up policy is the accrued pension you take with you from a previous employer when you leave a defined benefit pension scheme.

Disability pension

If you have disability pension as a coverage on the paid-up policy, you must be at least 20% on sick leave for at least 12 months before the disability pension can be paid out. This means that it is granted after the entitlement to sickness benefit from NAV (the Norwegian Labour and Welfare Administration) ceases. Disability pension is a monthly payout that must compensate for part of the lost employment income as a result of illness or an insured event.

The disability pension is subject to tax in the same way as income. It is not a requirement that you must have disability benefit from NAV (the Norwegian Labour and Welfare Administration) in order to be granted disability pension from us.

Read more about paid-up policy.

Child supplement for disability pensions

In addition to disability pension, you may also be insured with children's benefit for each child you support who is under 21 years of age. Children's benefit is paid even if the child does not live with you.

Were you ill when you left your previous employer?

If you have been continuously on sick leave since you left your previous employer and the paid-up policy was issued, it may be that you are still insured with waiver of premium or disability pension even if these insurance coverages are not stated on the paid-up policy. You cannot be removed from your employer's pension scheme if you are ill and incapacitated for work.

When we process the case, we will check whether the paid-up policy was issued whilst you were ill. If so, you will be re-enrolled in the pension scheme and granted the insurance coverages you had there.

A pension capital certificate is accrued pension savings that your previous employer has paid in for you during the time you were employed. A pension capital certificate is issued if your employer had a defined-contribution pension. The funds are paid out as retirement pension from the age of 62 at the earliest. A pension capital certificate contains no coverage in the event of disability.

Were you ill when you left your previous employer?

If you have been continuously on sick leave since you left your previous employer and received the pension certificate, you may still be covered by waiver of premium or disability pension. You cannot be removed from your employer's pension scheme when you are ill and incapacitated for work.

When we process your case, we will investigate whether you were removed from the pension scheme whilst you were ill. If so, you will be re-enrolled in the pension scheme and granted the insurance cover you had there.