Your pension is the money you will live on in the future. Learn more and see what you can do to affect your future salary.
What is a pension?
Your pension is the money you will live on when you retire. Your pension is made up of three components:
You can withdraw all or parts of the pension while you are still working, but not before the age of 62. Normal retirement age in Norway is 67 years. If you want to draw a pension earlier, it’s important to have good pension savings.
Pension savings are long-term savings that will stay in place for many years. The most important thing is to get started. Find the savings method that is best for you
Read more about what the pension consists of
Influence your pension
1. Get an overview of your expected pension
See how much you will get as a pension
2. Select the proportion of equities that suits you best
See if you should adjust the proportion of equities in your pension profile
What is a defined-contribution pension?
A defined-contribution pension is the money your employer saves for your pension. The employer saves a percentage of salary up to 12 G for your pension. The payments from the employer and the return you receive on the money saved together constitute the pension from the employer. You decide how to invest the money. If you leave the company, you will be de-registered from the defined-contribution pension scheme. Then you’ll have all your earned pension on one pension capital certificate.
This is how you can influence your defined-contribution pension
The money that an employer saves for your pension is invested in a pension profile that can consists of both shares and fixed-income securities. Your employer places all employees in the same profile, regardless of how close you are to retirement. So it’s a good idea to review your pension profile. The choice you make can have a major impact on how much pension you receive.