Public service pension schemes

Public service pensions provide a gross pension benefit. This means that the benefit from the pension plan is coordinated with benefits from the National insurance scheme paid on retirement. The total pension payout will be at least 66 per cent of pensionable salary regardless of the level of benefits from the scheme. The agreement is in accordance with set tariffs. The main collective agreement between the Norwegian Association of Local and Regional Authorities (KS)/state and the affected wage earner organisations regulates how the pension scheme in the local authority/state should be organised.