The largest increase in the number of pensioners in eight years

Compared to the first quarter of 2022, this number increased by 8,4 percent. At that time, there were 16 new retirees.

NAV's Head of Department, Ole Christian Lien, is confident that we will see even greater growth in the future.

– There are more and more elderly people in Norway. In 2035, we expect the age group 67 and over to increase by 32 percent, bringing about 285 more people, says Lien.

By 2035, the number of people over 75 years of age is expected to increase by 45%. Big growth among the oldest means strong increase in the number of retirees and aid recipients.

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1 retirees

At the end of March 2023, 1 thousand people received pensions. people. There are 022,5 thous. more than in March 17,3

– In November 2021 we reached 1 million pensioners, and in 2026 we will exceed 1,1 million and in 2029 1,2 million – says Lien.

The average age of the first pension payment in the first quarter of 2023 was 65,5 years. The average age for women was 66,1 years and for men 65,0 years.

One in ten retirees works

– This does not mean they have stopped working as it is possible to draw your pension at the same time as you are fully or partially employed. About 117 retirees, just over one in ten, work full or part time, explains Lien.

At the end of March 2023, there were also 88 single retirees receiving the minimum pension. This is 9 percent more than in the previous month.

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Source: NAV

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