In June 2022, 31 pensioners living in Norway received a reduced pension. The reason for this is the shorter period of living and working in Norway. This is almost twice as many as ten years ago.
In June 2022, these pensioners received on average NOK 14 monthly pension. It is about 40 percent lower than the average pension for people who have lived in Norway all their lives.
The pension is calculated on the basis of, among other things, how long you have lived in Norway from the age of 16 until the age of 66. It's called period social security and is a maximum of 40 years. People with a shortened social security period will receive a reduced pension. Since 2012, the number in this group has increased by 92%.
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A wide range of paid benefits
There is a wide range in the amount an individual receives from a pension. 10 percent with the lowest payment of the benefit pension received NOK 4900 or less in June. Accordingly, the top 10 percent received NOK 24 or more in June.
People who have received a low pension as a result of a short period of residence, may be entitled to supplementary benefits in addition to retirement.
On average, 26 years of social insurance
Among retirees in Norway with a shortened insurance period social insurance in June 2022, the average social insurance period was 26 years. Only 10 percent was supposed to district social security 38 or 39 years old.
8 out of 10 retirees were born in other countries
There is also a large increase among retirees living abroad
There are currently 1 pensioners in Norway
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Source: NAV
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