Norwegian_Public_Service_Pension_Fund

Norwegian Public Service Pension Fund

Norwegian Public Service Pension Fund

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Norwegian Public Service Pension Fund (Norwegian: Statens Pensjonskasse) is a Norwegian government agency responsible for the extra pensions paid to state employees. There are in excess of one million members, and it has total assets of NOK 270 billion.

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All state employees are granted an extra pension of 2% of their gross wages, paid from 67 years of age. Municipal and county employees have their extra pensions managed by Kommunal Landspensjonskasse (KLP). The Pension Fund also manages the extra pensions from a number of government-owned enterprises.

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