Law of the Service of the Service Act (the service law)

Date	LO-2013-2013-13-13-106
Ministry of	Treasury
Last modified	LO-2015 -12-04-96 from 01.01.2016
Published	In 2013 booklet 17
Istrontrecation	01.01.2014
Changing
Announcement	13.12.2013 10:00 pm 15.15
Card title	Service epilment Act

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Capital overview :

• Chapter 1. Virgo area. Definitions (Section 1-1-1-1-3)
• Chapter 2. Creation of pension schemes (Section 2-1-2-12)
• Chapter 3. Membership in the pension scheme (Section 3-1-1-3-8)
• Chapter 4. Age pension (Section 4-1-4-17)
• Chapter 5. Pension Order funds (Section 5-1-5-12)
• Chapter 6. Termination of membership. Pension evidence (Section 6-1-6-10)
• Chapter 7. Concerns. Concatenation, sharing and termination of enterprises. The discrepancy and the transformation of pension arrangement mv. (SECTION 7-1-7-7)
• Chapter 8. Ubirth pension (Section Section 8-1-8-11)
• Chapter 9. End regulations (Section 9-1-9-2)

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Chapter 1. Virgo area. Definitions

SECTION 1-1. Scope

(1) The law applies to service arrangements by the law here and enterprises that have or create such pension arrangement.

(2) Pension Regulation by the law here can be created by agreement with the following pension devices :

a.	company that has permission from Norwegian authorities to run life insurance business here in the realm,

b.	pension case that has permission from Norwegian authorities to here in the realm to take over collective pension arrangements that are considered life insurance,

c.	company established in a different state within the EES area and as here in the realm has access to drive life insurance business,

d.	The pension box established in other state within the EES area, and which has access here in the realm to take over collective pension arrangements that are considered life insurance.

(3) The law also applies to Svalbard.

Part Article SECTION 1-2. Definitions

In the law means :

a.	children : the member of the child, herunder stepchildren and foster children.

b.	calculation basis : the insurance technical calculation basis of the pension arrangement.

c.	enterprises : stock company, general stock company, responsible company, single-person enterprises and any other court subject that has workholder in its service.

d.	insured : pension orders members, their spouse, children, registered partner and roommate when they are secure or receive pension after the rule of regulations.

e.	Concerns : Concerns as mentioned in the Emergency Law Section 1-3 and the Public Stock Act Section 1-3, nonetheless so that the morcorporation must not be a stock company or general stock company.

f.

members : the employer and the Workers who meet the admissions of the rules of the pension scheme. As a member, the age of retirement has also taken out retirement from the arrangement shortly after ending working conditions, as well as work holder that has become unbefore while in the company's service, and as it is paid annual prize for in accordance with insurance of prize exemption at imprehet.

g.	pension inventory : capital inventory consisting of the sum of any time of attributed deposits and prizes, mortality heritage and yield.

h.	pension arrangement : service arrangement as mentioned in Section 1-1.

in.	pension plan : the part of the regulations concerning calculation and payment of annual deposits and premiums and build-up of pension inventory for individual members, as well as calculation and payout of annual pension funds.

j.	pension regulatory funds : pension plan funds for premium coverage of annual regulation of pensions under payout

k.	regulations : the pension insurance agreement with its terms and pension plan.

l.	The regulatory fund : the pension of the pension funds for the coverage of annual regulation of the member's pension holdings.

Part Article SECTION 1-3. Prescription

The king can determine closer rules to padding and review of the provisions of the Act here.

Part Article

Chapter 2. Creation of pension arrangements

SECTION 2-1. Adability to create pension arrangement

(1) An enterprise can create pension arrangement in accordance with the rules of the law here to ensure workers in the enterprise and other insured retirement in addition to benefits from the Medicaid. The Regulations of the pension scheme shall in its entirety be in accordance with the provisions of the Act here with its regulations.

(2) The company of the company shall draw insurance as at disability gives the right to the deficit in accordance with the actual degree of imprehness. The Insurance shall include all members who have not filled 67 years. The prize for such assurance is to be calculated so that the enterprise should not pay annual premium to retirement pension for members who are being disabled. The deficit should be reduced relationship-wise after the actual degree of induradness. Overall, overall earnings of the right to retirement age on the basis of work income and earnings exemption shall not at any point exceed 100 percent of full position.

(3) The company can in addition as part of the pension arrangement draw special insurance following the venture pension legislation that can give unpension benefits to members who completely or partly lose the ververvability and / or benefits to children and other left-behind members as die. The entry-level Act Section 2-4 third clause applies to the equivalent.

0	Modified by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 2-2. Minimum

(1) An enterprise can create pension arrangement in accordance with the law here if the enterprise has :

a.	at least two people in the enterprise that both have a working hours and wages that make up 75 percent or more of full position,

b.	at least one working holder with no ownership interest in the enterprise that has a working time and salary in the enterprise that constitutes 75 percent or more of full position, or

c.	people in the enterprise that each have a working time and salary that make up 20 percent or more of full position, and as to together perform work corresponding to at least two years of work.

(2) Pension Regulation can also be created in pension case that is in accordance with regulations granted in or in co-compliance of the insurance business law. Has the pension box less than 50 members, the ordinance for the pension funds shall contain shonest regulations on reinsurance of insurance risks and limitation of risk related to capital management so that the member's right to retirement is reassuring secure. The SEC can provide regulation on this.

(3) If the enterprise at the expiration of a calendar year does not meet the terms of the first clause, and the enterprise also not within one year again meets the terms, the pension arrangement shall cease and dissiples. Pension Regulation in pension case that for a period of six months does not meet the terms of other clause, shall cease and deviate or be relayed as pension insurance in accordance with the first clause.

Part Article SECTION 2-3. Retirement Plan

It shall be determined a retirement plan for the pension scheme. The plan should specify the rules of calculation and the payment of annual deposits and prizes and build-up of pension inventory for individual members, as well as the rules of calculation and payout of annual retirement.

Part Article SECTION 2-4. Governance Group

(1) The venture that has pension arrangement that includes 15 or more members shall create a management team for the pension arrangement of at least three people. At least one of the persons is to be chosen by and among the members.

(2) The management team shall comment on matters concerning the management and the practice of the pension arrangement. The rule of the rule shall be processed by the management team before it passes or changes.

Part Article SECTION 2-5. The pension of the Pension

(1) A pension device can only take the service action arrangement by the law here when the insurance agreement and pension arrangement are in compliance with the law here with its regulations. If the enterprise has any other pension plan, the pension plan should impose that all pension arrangements seen in context are in accordance with the relevant regulatory regulations.

(2) The provisions of the first clause apply to pension bins as far as they fit.

Part Article SECTION 2-6. Liking conditions

(1) It shall advance of the Regulations of the pension scheme, premiums and messages to the league authorities that the documents apply to the service's mission arrangement by the law here.

(2) Premium receipts and messages to the ligators shall contain specified information on the payments that the enterprise has made of this year's prize, supplements to prize funds and supplements to pension regulation.

(3) The year's prize is paid by transfer from the prize fund, this shall be specified in particular. Corresponding applies to the return of prize-fund funds to the enterprise.

(4) The pension device and enterprise is responsible for the information that mentioned in this paractment is correct. The same is true of institution that manage prize funds.

Part Article SECTION 2-7. Access

(1) The SEC leads supervision of service arrangements.

(2) Finds the SEC that a pension arrangement is or is managed in violation of law or regulation, the SEC may impose the pension device to correct the relationship within a set deadline.

(3) Finds the SEC that a calculation or distribution of funds has been made in violation of current rules, the SEC may require that the calculation or dispatch change within a determined deadline.

(4) If due term granted in co-and third clause is not overheld, the SEC can provide further guidelines for the business, remention new rule or guidance group for the pension arrangement, or decide that the pension arrangement should cease and devicles.

(5) Determines the SEC that the pension arrangement shall cease, shall the Board of Directorate to the Tax Directorate of the Tax Directorate.

Part Article SECTION 2-8. Information to the working staffs

(1) The company of the company shall provide the working makers a written overview of the policy work of the pension scheme. It shall be accounted for the rules of regulations on pension charges and about the rights of labor.

(2) The company of the company shall provide the work-makers written enlightenment on changes of importance in the regulations.

(3) The king can give regulation on what information is to be provided from the pension device or enterprise in association with the arrangement.

Part Article SECTION 2-9. Adtime to have combined pension arrangements

(1) An enterprise that has pension plan for retirement after the law here can supplement this with a retirement plan after the entry-to-gun law or venture pension law (combined pension schemes).

(2) For combined pension arrangements by the first clause, the following :

a.	All employees who are retaken by the Regulations of the Regulations of the pension scheme after the law here shall be a member of both pension orders,

b.	The acquisition shall constitute an amendment to retirement age after the law here,

c.	Regulations of the pension orders shall be designed with aim at the difference between workers avoided as far as it is possible when it comes to overall pension sets in relation to wages and service time in the enterprise,

d.	an enterprise cannot simultaneously have combined pension schemes and parallel pension arrangements by Section 2-10, the venture pension law Section 2-9 or the entry-gun law Section 2-10.

(3) The king can give regulation on the design of combined pension schemes. Injection in the individual years to the safeguards of the acquisition shall be co-count on the applicability of the boundaries of Section 4-7.

(4) If the pension word management reserve is not sufficient to cover the costs associated with the issuance of pension evidence by the creation of combined pension arrangements after the paragrafen here, the remaining costs shall first be covered by funds in the prize fund. If the funds in premiums are not sufficient, the costs shall be covered by the payment from the enterprise.

(5) The company of the company can draw unbirth pension in association with the pension arrangement by the law here.

(6) Insurance of the right to prize-or-entry exemption on disability shall be associated with both pension orders.

(7) The company of the company can draw pension to post-latte in association with the pension arrangement by the law here.

(8) An enterprise that has arrangement with performance-based retirement pension law, can supplement this with pension arrangement by the law here in accordance with the provisions granted in or in the co-operation of the venture pension law Section 2-12.

Part Article SECTION 2-10. Parallel pension arrangements

(1) An enterprise with pension arrangement by the law here can simultaneously have a performance-based or one-time paid enterprise pension arrangement and a shootout arrangement (parallel pension arrangements).

(2) For an enterprise that has parallel pension arrangements applies to the following :

a.	no working holder can at the same time be a member of more than one of the moderations,

b.	The rulings of the wording should be designed so that the retirement age of the state is in a reasonable relationship with each other and so that unreasonable difference processing groups of workers are avoided,

c.	the right to benefits of disability and to post-latte should be designed in the same way in the words of the word.

(3) The provisions of other clauses apply to the equivalent of the rule of regulations for one or more of the pension deductions.

Part Article SECTION 2-11. Workers ' selection of the

(1) When an enterprise creates parallel pension schemes, each working holder shall have the right to choose which pension arrangement should be a member of ; it can still be determined in the regulations that labour organizations have members employed in the enterprise can select the arrangement of their members. It shall be determined in the regulations which arrangement work holder that does not make any selection after the first period should be a member of.

(2) The provisions of the first clause shall apply to the equivalent of the work holder employed in the enterprise.

(3) A working holder cannot be chosen to be a member of a pension arrangement if the rules of membership applicable to the arrangement are to the obstacle of the employee of the employee of the employee.

Part Article SECTION 2-12. Membership of membership

(1) The Regulations shall contain regulations on which cases a working holder can move their membership from one to one of the other pension orders.

(2) A work holder shall in all case have the right to move membership by significantly changing the entry-or performance plan or by the rule of regulations, if the change is of significance for future rights in the arrangement.

(3) By movement of membership, the provisions apply to the termination of membership in Chapter 6 equivalent. The limit of 12 months in Section 6-1 other clause applies to overall membership in the two moderations.

Part Article

Chapter 3. Membership of the pension scheme

SECTION 3-1. Reguregulations of the Rules

(1) The Regulations shall contain regulations on membership and recording of members.

(2) In the regulations, exceptions can be made exceptions or determined special conditions for the honest groups of Workers. The provisions must be in compliance with the law here with its regulations.

Part Article SECTION 3-2. Almemorial rules about membership

(1) The pension arrangement shall include all Workers in the enterprise that have filled 20 years. The king can in regulation make exceptions from the determination in the first period. It can be determined lower age in the regulations.

(2) Workers who are members of a different pension arrangement that the enterprise pays premium or tax to and that provide pension earnings of at least equivalent value should not be members of the pension arrangement, unless otherwise determined in regulations.

(3) The pension arrangement can also include the employer and other person who must be considered the holder of the enterprise. The provisions of Section 3-4 apply accordingly. The SEC can provide regulation on which people should be retaken by this clause.

(4) People who are not obliged members in the census of membership that include uptake of pension rights cannot be a member of the pension scheme. The king can in regulation make exceptions from the determination in the first period.

Part Article SECTION 3-3. New Workers

(1) A working holder that is placed by the enterprise and that fills the terms of membership of the pension arrangement, is taken as a member from the first working day of the enterprise.

(2) The Insurance Act Chapter 11 applies when moving to the pension scheme of pension funds and other funds related to pension evidence for upearned retirement.

Part Article SECTION 3-4. Workers in part-time position

(1) Working holder that has less than 20 percent of full position in the enterprise shall not be a member of the pension arrangement, unless otherwise determined in the regulations.

(2) The pension earnings for the working holder in part-time position shall constitute a relationship-wise part of the pension that would be upearned if the employee had a full-time position.

Part Article SECTION 3-5. Season workers

(1) Working holder that is seasonal worker and as during a calendar year performing work in the enterprise equivalent to less than 20 percent of the corresponding full-time position shall not be a member of the pension arrangement, unless otherwise determined in the regulations.

(2) In the regulations, it can be determined that a seasonal worker should only be appointed as a member if the work done in the past three years, for each year at least constitutes 20 percent of full-time position.

Part Article SECTION 3-6. Workers with leave

(1) Working holder that has a leave of absence for a set time period and that is predicted to resume work in the enterprise after ended leave shall be a member of the pension arrangement in permission time.

(2) The provisions of the first clause may leave the absence of leave in accordance with agreement that it in the regulations is determined :

a.	-Honest rules about the uptake of retirement while permission lasts, or

b.	that the membership should cease from permission time.

The same applies to leave of absence in accordance with law if the employee is a member of a different pension arrangement in permission time.

(3) The rule of the rule can determine that Workers who are permitated as a result of operating-level of operating systems should be members of the pension scheme.

Part Article SECTION 3-7. Workers who are not working

Workers who are not working before at the time the employment holder should be appointed as a member shall first become a member of the pension arrangement when the worker starts to work in the position, unless otherwise determined in the regulations.

Part Article SECTION 3-8. Older Workers

(1) A working holder shall be taken up as a member of the pension arrangement after the provisions of Section 3-3 to 3-7 until the age of 75. This applies even if the employment holder at employment receives retirement from the census or from other collective retirement plan.

(2) Working holder as after withdrawals of retirement from the pension arrangement still has full-time or part-time position in the enterprise, still has the right to pension earnings in the pension arrangement until the age of 75.

Part Article

Chapter 4. Aging

I. Almemorial rules

SECTION 4-1. The Court of Social Security

The individual member of the pension scheme upholds the right to retirement pension through annual build-up of a retirement inventory. The court of the pension inventory falls away at the member's death.

Part Article SECTION 4-2. The pension plan requirements

(1) The pension plan shall contain the provisions of calculation and payment of annual deposits and prizes from the enterprise, about the build-up of individual member pension inventory, as well as about calculation and payout of annual retirement.

(2) In the pension plan, annual deposits from the enterprise shall be determined as a specific percentage, jf. Section 4-7, of the individual members ' salary in the enterprise up until 12 times the base amount in the census (G). It can be determined in the pension plan that it for the member's salary between 7.1 G and up until 12 G is to be paid an additional deposit.

(3) Annual deposits for the members should be higher for women than for men. The amendment to annual deposits for women should be set so that the annual pension that the deposits are expected to give is independent of the member's gender. The king can give regulation on calculation of such additions to annual deposits.

(4) Annual deposits for member in part-time position shall constitute a relationship-wise part of that deposit would be if the member had full time position.

Part Article SECTION 4-3. The calculation of wages

(1) A member's salary is the salary that the member receives from the enterprise during the year.

(2) Change in salary shall be effective in the pension plan from the time the change takes effect.

(3) It can in the pension plan is determined that it should be seen away from allowance for overtime, taxable natural benefits and expense allowance or other varying or temporary additions, or that it should be made a deductions on up to 10 percent of wages after the first clause.

Part Article SECTION 4-4. Change of pension plan

(1) Before a change in the pension plan is passed, the change of the parent shall be issued the management team to statement, jf. SECTION 2-4.

(2) It cannot be carried out changes in the pension plan and the calculation basis of the pension scheme that entails the reduction of member's right to retirement pension at the time of the change.

Part Article

II. Pension earnings call. Costs and Risk Remies

SECTION 4-5. Annual build-up of pension inventory

(1) The pension inventory of the individual member shall be attributed to annual deposits for the member in accordance with the pension plan after each of the year's deposits paid by the enterprise. If determined in the pension plan, the enterprise may in a specific year add the pension inventory an amount equivalent to up to 2 percent of the year's salary as well as the year's deposits after the pension plan. The sum of the deposits may not exceed the maximial limits after Section 4-7.

(2) The pension device shall each year add pension funds for the members they funds that are freed in the pension device by the fall of pension obligations to members who before the withdrawal of retirement are dead during the year. As the basis for the distribution between the individual members, the pension policy is used for the calculation basis.

(3) The payment in accordance with insurance that gives a member the right to the entry-level exemption of disability after Section 2-1 other clause shall be attributed to the pension inventory.

(4) The yield achieved by the management of the funds in the pension funds in the earnings period shall be annually to be imposed by the pension inventory, unless otherwise determined in co-four-6. Midler for regulation of pension funds according to the rules of Section 4-6 shall in case of annual added pension inventory.

Part Article SECTION 4-6. Optional guaranteed regulation of the pension inventory

(1) It can be determined in the pension plan that individual member pension inventory in the earnings period shall be regulated annually, either in accordance with average wage growth, calculated as in the census, or in accordance with the average salary development of the enterprise.

(2) Regulation of the pension inventory as mentioned in the first clause does not apply to members who have taken out full pension or have waived their position in the enterprise. By partial withdrawals of pension, the regulation applies to the part of the pension inventory that is not recalculated to retirement age charges.

(3) Midler to regulation of the pension inventory after the first clause shall be covered by annual return of the funds associated with the member's pension holdings. The annual yield that exceeds the year's funds for regulation shall be attributed to the pension of the pension fund. If this year's yield is not sufficient, the funds are covered by the transfer of funds from the regulatory fund. Uncovered part of the regulation shall be covered by the enterprise.

(4) The first to third clause also applies to the regulation of pension attitudes as the stewards of its own investment portfolio at investment choices for the enterprise by the rules of Section 5-5.

(5) The king can give regulation on an upper limit for the size of the regulatory fund. Excessive funds should be attributed to premiums.

Part Article SECTION 4-7. Limits of annual deposits

(1) The assessment deposits after Section 4-5 first clauses can in the pension plan are not set higher than 7 percent of the member's overall salary up until 12 G in the individual year. Additional revenue for the member's salary between 7.1 G and 12 G can in the pension plan is not set higher than 18.1 percent of such wages in the individual year. The king can give regulation on higher percentage rates for positions with the right to withdrawals of service quarters before the 62-year-old.

(2) The amendment to annual deposits for women, jf. Section 4-2 third joints, regulation as the enterprise will cover after Section 4-6 third joints and 4-14 first joints as well as the risk of Section 4-8, comes as well as the percentage limits in the first clause.

(3) The king may give regulation on the highest yield percentage for return as of a year to be attributed to the pension inventory after Section 4-5 fourth clause or in case of the regulatory fund after Section 4-6 third clause. Reject out over the set percentage rate shall be attributed to premionit.

Part Article SECTION 4-8. Annual costs and risk remier

Payment for Management and Management of the pension scheme, annual prize for the deficit of disability after Section 2-1 other clause as well as annual payment risk after Section 5-1 other clause and in case of Section 5-7 should be annually covered by the enterprise as the addition of annual deposits to retirement pension.

Part Article

LII. Expedition of retirement age mv.

SECTION 4-9. Age of withdrawal of retirement pension

(1) A working holder can at the earliest take out retirement retirement at the age of 62. The king can give regulation on admission to the withdrawal of retirement pension before filled 62 years for positions as :

a.	involves unusual physical or mental stress for the employees, or

b.	requires that employees have shonest physical or mental health properties for the work to be satisfactory conducted in the defensible manner.

(2) It cannot be faced as terms of the regulations that retirement pension can only or must be taken out at the same time with the withdrawal of age pension from the census. Nor can it be faced as terms that the working-holder does not have the full-time or part-time position in the enterprise or with other employer.

Part Article SECTION 4-10. Pay time

(1) Alderpension is to be cytes from the withdrawal of retirement pension after Section 4-9 and as long as the worker holder lives, unless otherwise follows by different joints or Section 4-16. Lively retirement age can not be transformed into the time limit retirement age after the rules of Section 4-16.

(2) It can still be determined in the pension plan that the payout time can be set down to the number of whole years that are necessary for overall annual retirement age up about Tier 30 percent of the census's base. A member and pension device can also agreement that retirement age should be used only in the number of whole years that are necessary for overall annual pension accounts for up to 30 percent of the census's base. By the bill after this clause applies to the Section 4-12 clause.

Part Article SECTION 4-11. Calculation of annual retirement pension charges

(1) Annual retirement pension is calculated on the basis of the member's pension inventory and expected remaining lifespan from the calculation basis at the time of the release. At the withdrawal of pension plan, a relationship-wise part of the regulatory fund after Section 4-6 third clause at this time will be attributed to the member's retirement inventory.

(2) Annual pension performance is calculated for each year-wool so that the present value of the single-year overall pension charges is independent of the release date.

Part Article SECTION 4-12. Expedition of retirement pension and rebill of pension charges

(1) The member shall give the pension device message from what time retirement pension is to be paid. If not sent message of the withdrawal of retirement age within the age of 75, the pension is due to be paid regardless.

(2) The member may in the message determine that the outlet of retirement pension should only apply to a part of the pension inventory. Graden of withdrawals may still be no less than what is necessary for overall annual retirement constitutes about Tier 30 percent of the Medicaid basis.

(3) The member may at any point after the release of time and forward to the 75-year change of the full withdrawal of pension benefits. The member can also change the output of the degree at the 67th year and then at times determined in the rules of regulations. By the age of 75, the outlet is to be changed to full withdrawal.

(4) If a member changes the output degree, the pension performance shall be recomputed following the rules in Section 4-11 out of the member's overall pension inventory at reduction time. Has a member stopped the withdrawal of retirement, the pension performance is calculated at later withdrawals of retirement after the rules of Section 4-11 out of the member's overall pension inventory at the new draft time.

(5) Slettes the release time down by the rules in Section 4-10 other clauses, the retirement pension is calculated from the pension inventory on the insurance technology basis from the calculation basis at the time of the release.

(6) Member who receive unpension pension cannot simultaneously take out age pension in the extent overall unbirth pension and retirement pension exceeds a 100 percent pension degree. Are working stakes before after withdrawals of retirement, the retirement pension payout decreased so that the pension ratio does not exceed 100 percent.

Part Article SECTION 4-13 Pension earnings call for pension withdrawals

(1) Pension earnings that are attributed to the pension inventory after withdrawal of full pension, reaccounted for annual retirement after the rules of Section 4-11 on the basis of expected remaining lifespan from the calculation basis on reconversion time. The resettlement amount is added to annual pension performance.

(2) The bill is conducted with effect from 1. January the year after the earnings took place.

(3) Upon graded withdrawal of pension pension, pension earnings will be attributed to the pension inventory after withdrawals, refunds to pension when the output degree changes.

Part Article SECTION 4-14. Annual yield. Reguulation of pensions under payout

(1) It can be determined in the pension plan that the enterprise annually will pay for the regulation of pensions under payout. Such regulation shall be in accordance with ordinary wage growth and then freatrees 0.75 percent. Annual pension regulation is covered by the year's return of the funds in the pension funds of the members who have taken out retirement. The annual yield that exceeds the year's pension regulation shall be attributed to the pension of the pension plan. If annual pension regulation cannot be covered by the year's yield or by the transfer of funds in the pension regulatory fund, the uncovered portion of the pension regulations shall be covered by the enterprise.

(2) If the pension plan does not contain provision as mentioned in the first clause, annual return of the funds in the individual member pension inventory is to be paid as well as the member's pension performance in the subsequent years. The king can give closer rules in regulation on calculation and payout of such additions.

(3) Upon graded withdrawals of pension, the relationship is being paid off as well after the fourth clause.

(4) The king can give regulation on an upper limit for the size of the pension plan pension regulatory funds. Excessive funds should be attributed to premiums.

Part Article SECTION 4-15. Illumination liked about pension charges

(1) The pension device should within the year a work holder turns 61 years, providing the person information on estimated annual pension performance by withdrawal from each of the years from filled 62 years to its 67 years, respectively, and without still pension earnings. It shall also be provided information on the right to pension earnings by work after the 67th year.

(2) The first clause applies to the equivalent when the pension device receives message after Section 4-12 about the withdrawal of pension before filled 67 years. Is the pay-off time decreased by Section 4-16 other clause, the pension device should provide the employee's written information on the adage of reducing the outlet from the census and other pension providers.

(3) The information after the first and other clause shall be given in writing and in an overview and easily understandable manner.

(4) The king can give regulation on the pension of the pension of the state of the pension.

Part Article

TWELVE. Pension arrangement with time-limit retirement pension

SECTION 4-16. The timeout period of payment period

(1) It can be determined in the pension plan that the retirement pension should cease at full 80 years or later, but not in any case until retirement has been paid at least for 10 years. The member may require the time limit age pension converted to life-changing retirement age.

(2) Upon withdrawal of pension, annual pension performance is calculated from the pension inventory and expected repayment period at the time of the rules in Section 4-11 other clauses. The payment time can be set down to the number of whole years that are necessary for overall annual retirement pension constitutes about Tier 30 percent of the census, jf. Section 4-10 different joints.

(3) At modified output degree, the pension performance should be recomputed from the member's overall pension inventory and expected payment period at change time. Corresponding applies to the transformation of life-life age pension.

Part Article

V. Tilshot from the labour staffs

SECTION 4-17 Tilshot from the labour staffs

(1) By agreement between the enterprise and at least two wooden parts of the members of the pension scheme or trade unions representing at least two wooden parts of the members, it can be determined that the members themselves should pay an annual deposit to the pension scheme. The agreement shall determine whether the members should be allowed to reserve the courage to participate in the settlement arrangement, and in case the terms of the reservation court. At least two wooden parts of the members of the pension scheme must join the arrangement of annual deposits from the labour staffs.

(2) The Agreement shall determine annual deposits from its members as a specific percentage of the individual member's salary until 12 G, as well as indicate how deposits from the members shall be paid. The annual deposits in percentage of wages cannot be set higher than half of the law's limits on annual deposits in Section 4-7 for salary up until 12 G., overall annual deposits for each member from the member themselves and from the enterprise should not exceed those limits on annual deposits as follows by Section 4-7.

(3) The year's deposits from a member shall be attributed to the member's pension inventory after each as deposits are being paid. It can be agreements that until a relationship-wise part of the prizes and costs that the enterprise should cover after Section 4-8 shall be covered by the members who are retaken by the charge of the settlement. This is happening in the event of fractions in annual return of the pension inventory.

(4) The provisions that after the agreement shall apply to the employment of the labour fund shall be taken into the pension plan of the pension scheme. Workers who are anding after establishing the grant arrangement shall be included in the arrangement.

Part Article

Chapter 5. Pension of the Pension

I. Almemorial rules

SECTION 5-1. Pension of the Pension

(1) The pension's funds include the sum of the member's pension holdings at all times, premiums and in the event of the pension of pension funds and pension regulatory funds. Midler related to pension evidence is not subject to the pension of pension funds.

(2) The pension device shall guarantee that the pension of the pension funds will not be reduced as a result of negative return result, unless otherwise follows by Section 5-4. Across the members of the pension scheme, this applies even if the pension device and venture has reached agreement after Section 5-5 that the pension of the pension funds shall be managed as its own investment portfolio with the right to investment choice for the enterprise.

(3) The pension of the Pension Order shall be disposed in accordance with rules granted in or in co-compliance with the law here.

(4) Pension Order funds can be transferred to other pension device by moving the pension arrangement by the rules of the insurance business law chapter 11. 1

1	Now chapter 6.

Part Article SECTION 5-2. The relationship with the

(1) The pension of the Pension Order shall be kept separate from the assets of the company.

(2) The Midlene booklets do not for the company's obligations. The funds cannot at mortgage or otherwise be used to secure or to cover the enterprises of the company.

(3) Midler in prize funds can still be retaken to the enterprise by the rules of Section 5-12.

Part Article

II. Capital Management

SECTION 5-3. Responsible Capital Management

The pension of the pension funds shall be managed in the justifiable manner in accordance with the rules of capital management that at all times apply to the pension device.

Part Article SECTION 5-4. Individual investment portfolio

(1) In pension arrangements where pension holdings under earnings should not be given guaranteed regulation, the enterprise can determine in the regulations that it should be created own pension account for each member, and that each pension account should be mapped out a separate investment portfolio corresponding to the pension inventory of the individual member. The company and pension device should make a deal on how the investment portfolio is to be assembled and whether the admission members should have to change the joint statement. The governance group shall be given the opportunity to comment before the agreement is made.

(2) The tax return on the management of the investment portfolio shall each year be attributed to the pension account. The member bears the risk that the value of the investment portfolio is reduced, if not otherwise determined in the regulations or by appointment of the pension device.

(3) The costs of management and the management of the pension arrangement are covered by the enterprise by Section 4-8. Smost separated costs of change of investment portfolio and for the special return guarantee after Section 5-7 shall be covered by the individual member and can be charged with the pension account.

(4) Upon withdrawal of pension, the member's annual pension is calculated on the basis of the value of the release of the member's pension inventory. The rules of Section 4-9 to 4-13, Section 4-14 different and third joints and Section 4-15 apply accordingly. Costs and risk remier in the pay period are covered by the rules of Section 4-8. The member may still require pension inventory still to be managed as its own investment portfolio by the rules in the first to second clause of the paragrafen here. In that case, annual pension performance is calculated from investment portfolio value and expected remaining lifespan at each payout. The king can give regulation on calculation and payout of annual retirement pension when the pension inventory is managed as its own investment portfolio.

Part Article SECTION 5-5. Investment selection for the enterprise

(1) The pension device and enterprise can at pension arrangement with terms of regulation of pensions under the earnings of Section 4-6 agreement that the pension of pension funds shall be managed as its own investment portfolio with the right to investment choices for enterprise. The deal implies no restrictions in the enterprise's obligations to the members of the pension arrangement in accordance with the regulations or the law here.

(2) The negative return result on the investment portfolio shall be covered by the enterprise, unless otherwise follows by the pension of the pension of the pension, after Section 5-7.

(3) The year's return result is used for the regulation of the pension funds and in case of transmission to the regulatory fund following the rules of Section 4-6 third clauses, and to the regulation of pensions under payout and in case of transfer to The pension regulation fund after the rules of Section 4-14.

(4) Is the return result negatively or insufficient to cover this year's regulation of pension holdings after Section 4-6 third clause or regulation of pensions under payout after Section 4-14 first clause, shall the funds needed to secure The labor pension rights are transferred from the prize fund or enterprise.

(5) The Agreement shall determine how the investment portfolio should be composed and which access enterprise has to change the composition. The agreement shall contain rules of the enterprises of the company to cover negatively returns resulting from the transfer from the prize-fund.

Part Article SECTION 5-6. Composite and registration of investment portfolio

(1) An investment portfolio is complying with guidelines for the capital management of the pension device and may consist of :

a.	shares in value paper fund,

b.	shares in a special investment portfolio, and

c.	cash and corresponding liquids.

(2) EienParts mapped the individual investment portfolio to be registered so that it at all times is clear which belongings are part of the portfolio.

(3) By the change of an investment portfolio, the market value of the belongings shall be added due to the reckoning.

Part Article SECTION 5-7. Acature Warranties

(1) The pension device can by appointment assume warranty liability beyond what follows of Section 5-1 for the yield that will be achieved by the management of the pension of the pension. For funds that are managing as a separate investment portfolio after Section 5-4 or 5-5, the warranty responsibility can be associated with a negative percentage rate. The pension device shall require special annual no-charge for coverage of the warranty risk according to the price stariff that applies at the appointment of the appointment.

(2) The Agreement shall indicate the annual return percentage that applies to the warranty. It cannot be contracted higher returns percent than 3 percent. The SEC may in regulation determine a higher or lower percentage limit for return guarantees.

(3) It shall also progress of the agreement which parts of the pension of the pension funds are subject to the warranty.

(4) The king can give regulation of return guarantees over periods of up to five years.

Part Article SECTION 5-8. Account information

(1) The pension device should each year give the individual members enlightenment :

a.	The pension inventory at this year's exit, as well as funds attributed to the pension inventory as deposits and prize, mortality heritage and yield throughout the year,

b.	The year's regulation of pension funds or pension charges, herunder regulatory remediation that are covered by the return of the pension inventory,

c.	pension performance payments throughout the year,

d.	risk remists and other costs charged the yield, and

e.	loss that has been charged the investment portfolio at the Management of the pension of the pension of the pension or pension funds in its own investment portfolio.

(2) The king can give regulation on what information is to be provided from the pension device.

Part Article

LII. Premium

SECTION 5-9. Premium funds for the pension scheme

(1) The company of the company shall have a prize fund for the pension scheme.

(2) Midler in premiums shall be managed by the pension device in accordance with the rules of capital management as to any time applicable to the pension device. The tax return on funds related to the prize fund should annually be attributed to premiums.

(3) Premium fund can be moved to other pension device or institution by the rules of the insurance business law chapter 11. 1

(4) Midler in premiums created by the same enterprise shall be considered one fund related to the enterprise's pension arrangements.

1	Now chapter 6.

Part Article SECTION 5-10. Premier's funds

Premiefonit shall be attributed :

a.	all supplements to the prize fund as the refunds of the tax law Section 6-46 third clause letter b,

b.	The yield of the funds in premiums after Section 5-9 other clauses,

c.	return that map premiononit after Section 4-7 third clause,

d.	funds related to pensions that do not come to payout,

e.	too much paid deposits for members ending in the enterprise during the year, and

f.	pension inventory for member as at the freatreation from the enterprise has shorter service time than 12 months, jf. Section 6-1 other clause second period.

Part Article SECTION 5-11. Use of premiums

(1) Premiefonit can only be used for coverage of :

a.	of the year's deposits and prizes, as well as costs to be covered by the enterprise by the rules of Chapter 4,

b.	costs according to Section 2-9 fourth joints,

c.	funds for the safeguards of the labor pension rights in accordance with Section 5-5 fourth joints, and

d.	costs according to Section 7-7 fourth joints.

(2) The company cannot use funds in premiums for purposes as mentioned in the first clause of the letter b, unless premiums will still be sufficient to ensure that this year's and next year's deposits and prizes mv. after the first clause of the letter a is being paid.

Part Article SECTION 5-12. Transfer to the enterprise

(1) Is premionit at this year's exit greater than six times the average of the year and the two preceding year deposits and premiums for the or the pension arrangements enterprise has, the enterprise shall ensure that excess amounts are reintroduced to the enterprise.

(2) The company of the company can decide that funds in the prize fund that exceed half of the limit after the first clause shall be transferred to the enterprise. Prior to the decision to transfer the meeting of the enterprise, the question shall be the parent's management team of the pension arrangement or the Board of the pension of the pension to statement, jf. SECTION 2-4 (2).

Part Article

Chapter 6. Termination of membership. Pension evidence

I. Almemorial rules

SECTION 6-1. Termination of Membership

(1) A member who ends in the enterprise without the same time taking out age pension from the arrangement ends at the freatreate to be a member of the pension scheme.

(2) The member retains its right to the pension inventory at the freatreate. Is the member's service time at the fratreate shorter than 12 months, the pension reserves shall be attributed to premiums.

(3) The pension inventory may not be paid to the member other than as pension charges by Chapter 4.

Part Article SECTION 6-2. Pension evidence

(1) The pension device shall issue pension evidence that ensures the member's right to the pension inventory after Section 6-1 other clause.

(2) It shall be associated with the management reserve of the pension evidence. Has the member waived his position in enterprises with pension arrangement where it has been selected guaranteed regulation after Section 4-6, the pension reserves will be attributed to a relationship-wise part of the pension of the pension of the pension fund, jf. Section 4-6 third clause.

(3) Is the pension inventory less than half of the Medicaid's base and member has pension evidence from previous working conditions, the member may still only demand to obtain pension funds transferred to this pension proof or demand transfer of individual pension agreement after law 27. June 2008 No. 62 about individual retirement plan

(4) The pension evidence shall be issued by the life insurance company that has drawn the insurance. Is the pension arrangement in a retirement box, issued pension evidence by the rules of Section 6-3. Pension evidence can be issued electronically if the employee expressly accepts this.

Part Article SECTION 6-3. Sary rules of pension and

(1) A pension case can be cut deal with a life insurance company as mentioned in Section 1-1 other clause about the company to issue pension evidence to members who end in the enterprise. The Pension box is to cut such deal if the pension box after its permission does not have access to issue pension evidence.

(2) When pension evidence is not to be issued by a life insurance company, the pension of the pension funds issued the pension.

Part Article SECTION 6-4. The insurance relationship after it is issued pension evidence. Account information

(1) The pension evidence constitutes a separate legal relationship between the one who received the pension evidence (the holder) and the pension device that has issued it. The funds related to a pension proof can be transferred to other pension device as mentioned in Section 1-1 other clause, following the rules of the insurance business law chapter 11.

(2) Profit insurance as mentioned in the insurance agreement Act Section 19-7 should be drawn on the same terms as the pension evidence. Annual prize may still not exceed the amount that was paid to the pension inventory last year the employee was a member of the pension scheme, adjusted after the average wage growth.

(3) The pension device shall each year provide the holder of pension proof enlightenment about the pension inventory that at least indicates :

a.	The pension inventory at this year's exit, as well as funds spent the pension inventory throughout the year as yield, mortality heritage and prize after other clause,

b.	pension performance payments throughout the year,

c.	risk-reie charged this year's return,

d.	costs and losses that are charged the investment portfolio at the management of the pension inventory in its own investment portfolio.

(4) The king can give regulation on what information is to be given from the pension device after the third clause.

Part Article SECTION 6-5. Concatenation of pension evidence

(1) Working holder that has several pension evidence, may require the pension evidence to be merged and that new pension evidence is issued on the basis of overall pension inventory. The new pension evidence is issued by the pension device that has issued the pension evidence or as the other pension evidence has been moved to after Section 6-4 first joints.

(2) For pension evidence that gives the right to the payout of retirement when the terms of merge are provided, rebill as mentioned in Section 4-13 first clause. Total insurance technology cash value should be the same before and after the rebill.

(3) The king can give regulation on the merging of pension evidence.

Part Article SECTION 6-6. Foreign nationals

Foreign nationals who have had residence here in the realm for less than three years, ending in the enterprise with the right to upearned retirement and who then settled abroad, could use the funds related to the pension evidence to secure pension rights in foreign pension device.

Part Article SECTION 6-7. Registration of pension evidence

The king can give regulation on the registration of pension evidence.

Part Article

II. Prevalence of pension evidence

SECTION 6-8. Prevalence of pension funds mv.

(1) Pension inventory related to pension evidence is managed by the pension device after otherwise current rules.

(2) The pension device shall guarantee that the funds related to the pension proof of any time at least correspond to the pension inventory. The rules of Section 5-7 about the special return guarantee apply accordingly.

(3) The pension evidence shall each year be attributed to a relationship-wise part of the funds that are freed in the pension device by the fall of pension obligations to members who before the withdrawal of pension funds are dead during the year. The annual yield of funds in the pension funds is attributed to the pension inventory each year after deductions for the pension of pension funds for return risk.

(4) Annual costs of management and the management of the pension evidence are covered by management statement related to the pension evidence.

(5) The provisions of the paragrafen here do not apply to pension evidence with pension inventory management as its own investment portfolio by the rules of Section 6-10.

Part Article SECTION 6-9. The pension of pension

(1) The rules of withdrawal of age pension in Section 4-9 to Section 4-12, Section 4-14 different and third joints and Section 4-15 apply to the equivalent of pension evidence.

(2) It can only be done graded withdrawals after Section 4-12 different and third clause if the pension device consent to this.

Part Article SECTION 6-10. Pension evidence with investment choices

(1) Upon the issuance of pension evidence or later, the holder and pension plan can agreement that funds equivalent to the pension inventory and in case the management reserve associated with the pension evidence shall be managed as its own investment portfolio mapped the pension proof. The deal should indicate how the portfolio is to be assembled and which access holder shall have to change the composition. Such an agreement can only include funds equivalent to the pension inventory and management reserve associated with the pension evidence.

(2) The pension evidence account shall be attributed to the yield of the investment portfolio. The pension evidence shall each year be attributed to a relationship-wise part of the funds that are freed in the pension device by the fall of pension obligations to members who before the withdrawal of pension funds are dead during the year. The holder carries the risk that the value of the investment portfolio is reduced, if not otherwise determined by the special return guarantee by the rules in Section 5-7.

(3) The pension device can require the settlement of management and the management of the pension evidence, for the possession of the right to change the investment portfolio, and for any return guarantee related to the pension evidence. The tissue layer can be covered by the strain of the pension evidence account. The king can give regulation on the settlement of the settlement related to the pension evidence and about coverage of the settlement of the pension of the pension evidence account.

(4) Upon the withdrawal of retirement age, the rules apply in Section 4-9 to Section 4-13, Section 4-14 different and third joints and Section 4-15 equivalent. Annual retirement pension is calculated with the starting point in investment portfolio value and expected remaining lifespan at the time of the release. The funds related to the pension proof shall be transferred to ordinary management in the collective portfolio, unless the holder requires that the funds related to the pension evidence still to be managed as its own investment portfolio. If the pension evidence is still to be managed as its own investment portfolio, annual retirement pension shall be calculated from investment portfolio value and expected remaining lifespan at each payout. The king can give regulation on the calculation and the payout of annual retirement pension from the pension evidence.

(5) Prior to the appointment of the issuance of pension evidence mapped out of its own investment portfolio, the pension device shall be in writing the holder's notice that :

a.	The investment portfolio mapped the pension evidence will be the management of the holder's bill and risk,

b.	The pension system is determined from the value of the portfolio at the time of the withdrawal of pension,

c.	The pension policy's responsibility for the return of the return result and the value development over time away, unless otherwise agreed, and that

d.	The pension device has the right to annual no-charge as mentioned in the third clause.

For each relationship it is disclosed about after letter a to d, it shall simultaneously be disclosed in writing about what terms apply to a pension evidence that undergoes ordinary management.

(6) The pension device has the obligation to map the need and desire for risk and to disclose any relation that dictates that an agreement on the management of the pension evidence in its own investment portfolio will not be in the possession of the holder. Prior to the appointment of the issuance of pension evidence mapped out of its own investment portfolio, the pension device in any event shall provide the holder's advice on the composition of investment portfolio adapted among other remaining time to withdrawals Age pension and the size of the funds related to the pension evidence. When the holder has reached an age of few years left to the right to the withdrawal of retirement, the pension device should give advice on risk-taking action. A written composition of the advice that the pension device gives after the clause here shall be sent the holder. The king can give regulation of duty of information and counselling.

(7) Section 6-5 about the merge of pension evidence applies to the equivalent of pension evidence with investment choices.

Part Article

Chapter 7. Concerns. Concatenation, sharing and termination of enterprises. The discrepancy and the transformation of pension arrangement mv.

SECTION 7-1. Concerns

The provisions of the venture pension bill Chapter 12 of the Group of Concerns mv. applies to the equivalent of as far as they fit. The king can determine closer rules in regulation.

Part Article SECTION 7-2. Concatenation of the enterprise

The provisions of the venture pension law chapter 13 about the merge of enterprise mv. applies to the equivalent of as far as they fit. The king can determine closer rules in regulation.

Part Article SECTION 7-3. Sharing enterprise mv.

The provisions of the venture pension law chapter 14 about the sharing of enterprise mv. applies to the equivalent of as far as they fit. The king can determine closer rules in regulation.

Part Article SECTION 7-4. The Termination of the pension scheme

(1) The company of the company can determine that the pension arrangement should cease. Prior to decision, the question shall be whether the termination of the termination of the management team and the Board of the pension, jf. SECTION 2-4 (2).

(2) The pension arrangement shall cease when it is met with the decision that the business in the enterprise should be disbursement. The same applies when the provision of provision in or in the co-hold of the law here that the pension arrangement shall cease.

(3) Ends the venture to pay deposits to the pension scheme, and did not present the funds in the premiums of the coverage of deposits and prizes, the arrangement shall cease.

Part Article SECTION 7-5. The discrepancy of the enterprise

(1) Should the enterprise be deviation because its business is transferred to other enterprises, apply to the rules of merging enterprises in the venture pension law chapter 13 equivalent as far as they fit if at least two wooden parts of the workers who are members of the The enterprise pension arrangement at the same time is transmitted to the second enterprise. Members who do not transfer shall be secured straight to pension evidence by the rules of Chapter 6.

(2) Should less than two wooden parts of the Workers of the Company's pension arrangement are transferred to the second enterprise, the pension arrangement shall cease and be discontinued by the rules of Section 7-6.

Part Article SECTION 7-6. The discrepancy of the pension scheme

(1) When the pension arrangement ceases, returns to the hearing time will be attributed to the pension inventory of the individual member.

(2) Premiefonit is distributed between the members on the basis of deposits and prize for each member of the hearing wound. No one should still be awarded more from the prize fund than what it takes to ensure continued payment of deposits and prize for up to 5 years or in case a shorter term until the withdrawal of retirement from the pension arrangement at filled 67 years. The rest of the premiums are reintroduced to the enterprise.

(3) The rules in chapter 6 apply accordingly. Midler was awarded a member from the prize fund of the prize-earned pension inventory.

(4) By the deviation of pension case, the equity of equity is due to end accounting uses as determined in the ordinance. By the way, the equity of the Financial Visibility can be paid to the enterprise.

Part Article SECTION 7-7. Transform to enterprise pension arrangement or entry-gun arrangement

(1) An enterprise that will create pension arrangement by law on venture pension or law on entry point in place of pension arrangement by law here shall be deviation of the pension arrangement by the rules in Section 7-4 to 7-6. The prize funds related to the pension scheme shall still be transferred as the prize fund or entry fund for the new pension scheme.

(2) It can be determined in the regulations of the new pension scheme that upearned pension inventory is used as premiererve for the member-level pension rights in pension arrangement after law on venture pension. Law on venture pension Section 4-11 different and third joints, 4-12 and 4-13 apply accordingly. The provisions of the clause here do not apply when the pension arrangement has been created with investment choices.

(3) Other clauses do not apply to workers due to age not right after the rule of regulations to become a member of the enterprise pension arrangement, or which, by the way, does not have the right to become a member of the enterprise pension scheme by the rules of law on the venture pension chapter 3 or the entry-level policy arrangement by the rules of the entry-level legislation Chapter 3, unless otherwise stipulated in the regulations. The service policy arrangement after the law here is reintroduced to such Workers.

(4) If the pension word management reserve is not sufficient to cover the costs associated with the issuance of pension evidence by repatriation here, the remaining costs shall first be covered by funds in premiums and then by inpayment from the enterprise if the funds in premiums are not sufficient.

Part Article

Chapter 8. Urepension pension

SECTION 8-1. Reguregulations of the Rules

(1) An enterprise can create service management arrangement to secure its members disability benefits as well as the right to work-clearance money or disability as to any time follows by the Medicaid Act Chapter 11 and 12.

(2) The pension arrangement can provide annual disability pension by the rules in the chapter here to members who in the member time have received income skills impaired due to injury, disease, or lyte, in such a degree that the member cannot continue in its regular position and cannot acquire other chiefdly work.

(3) Pension Plan and other regulation of the pension scheme shall meet the requirements of Chapter 2 and 3. The following retirement plan is to be guaranteed by the pension device.

(4) In the rule of the pension scheme, it can be determined that workers who resign their position in the enterprise, and who have at least three years of service time there, shall have earned the right to disability pension by the rules of Section 8-11 at disability as a result of injury, disease or lyte occurred after the employee of the employee was a member of the pension scheme.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-2. Conditions for the right of the unbirth pension

(1) There is a provision for the right of the disability of the rules in the chapter here that the member's ability to carry out income rewarding work is durable impaired and fulfills the minimum income of impaired income as the rules work determines. It can be created temporarily disability pension when it is not clarified if the income ability is durable impaired.

(2) In the rule of regulations, the minimum requirement of reduced income ability cannot be set lower than 20 percent. The minimum requirement cannot in any case be placed higher than 50 percent. Moreover, it cannot be set higher than :

a)	40 percent for member who receive work clearance points when claims of the pension pension are set, jf. The Medicaid Act Section 12-7 other clauses, or

b)	Thirty percent if the member's income ability is impaired as a result of occupational injury or occupational disease, jf. The Medicaid Act Section 12-17 first clause letter c.

(3) A member has only the right to disability pension rules in the chapter here if it complies with the rules of the Medicaid Act Section 12-5 have reviewed, or attempted to undergo appropriate treatment and expediency measures to better work the ability.

(4) Ubirth pension is not to member who has filled 67 years or has reached a lower-especially age limit set in or in co-law.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-3. Downset revenue ability

(1) The assessment of how much a member's income capacity has been reduced, is to build on a comparison of the income opportunities that the member had before the disability and member's revenue potential after the disability.

(2) The week of the time of income, the time income ability was durable reduced at least to the level required by the rule of regulations. Is the income ability reduced gradually over several years, it can be taken to the point of income before injury, disease or lyte occurred.

(3) Revenue before disability is determined to the member's normal year salary in the enterprise prior to the disability time, calculated in accordance with the rules of Section 4-3. Revenue by disability is determined until the income member is predicted to be able to acquire by taking advantage of its residual income by any work that the member can now carry out. Upon assessment, it shall be placed emphasis on the member's age, abilities, education, occupational background and employment opportunities at the home site, or other places where it is reasonably reasonable that the member takes work.

(4) At the applicability of the provisions of this chapter, income is adjusted before and after disability in accordance with subsequent regulation of the base amount in the Medicaid (G).

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-4. Fastance and change of the unbirth degree

(1) The pension device should in the individual case determine the unbirth degree to be applied at the calculation of the pension pension scheme. The degree of birth rate determined after the Medicaid Act shall normally be added to reason. Moreover, the unbirth rate shall be attributed to the share of the income ability that is deemed lost by the rules in Section 8-3, and it shall be determined graded in steps of five percent.

(2) The birth rate does not change even if the non-birth pension is reduced due to income after Section 8-9 first clauses.

(3) Until the unbirth degree is determined, it can be temporarily unfed by the rules of Section 8-8 other clauses.

(4) becomes the income ability further impaired after the disability is determined, the member may require that after the first clause be determined new disability that counterresponds the share of the income loss, jf. SECTION 8-3.

(5) Upon modification of the unbirth rate, the pension device should be recalculating the premieres of premieres after the insurance business law Section 9-16 fifth clause. Change in premiererve is part of the calculation of the year's risk result.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-5. salary basis

(1) The salary basis of the calculation of unbirth pension from the pension arrangement is the member's normal year salary in the enterprise, estimated at the unbirth timing of the rules in Section 4-3. The salary that exceeds 12 G shall not be co-count.

(2) If damage, disease or lyte occurred in the member time gradually has reduced a member's revenue ability over several years, it shall at the calculation instead of the member's salary basis before such damage, disease or light occurred, if The venture before the unbirth date has informed the pension device of the higher salary basis that in the event shall be added due to the calculation of the unbirth pension to the member.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-6. Boundaries for disability pension benefits as well as disability

(1) Urepension pension plan is determined as a percentage of individual member's salary basis after Section 8-5 as a set crown amount, or as a combination of these. The birth pension may not exceed the sum of

a)	25 percent of G, still no more than 6 percent of the individual member's salary basis after Section 8-5 and

b)	3 percent of the individual member's salary basis after Section 8-5.

(2) In the pension plan, it can also be determined that unbirth pension should include an amendment of up to 66 percent of the member's salary basis which is located between 6 and 12 Gs, in which case pension pension should be fixed after the first clause is determined at a level that is not unsustainable low compared to the unbirth pension for wages between 6 and 12 G from the pension arrangement.

(3) It can be determined in the regulations that unbirth pension payments to a member shall be given an amendment for each child under the age of 18 as the member provides or duties to support. Child amendment per child can pose up to 4 percent of the member's salary basis up to 6 G. overall child additions may still not exceed an amount equivalent of 12 percent of the member's salary basis up to the 6 G. Barnet amendment and the maximum The amounts limit decreased relationship-wise at reduced inbirth degree. Child care is paid to and with the month the child turns 18 or in the event of the month after the child's death.

(4) Is it in the regulations determined a lower minimum minimum requirement than the minimum minimum requirements after the Medicaid Act Section 12-7 first and Section 12-17 first clause letter c, could disability in case where the census's minimum-degree requirement is not met, also include an amendment to cover missing the right to disability from the census.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-7. Calculation of unbirth pension

(1) A member's unbirth pension is calculated from the member's salary basis after Section 8-5 in the manner determined in the pension plan. Child amendments are calculated in the manner determined in the pension plan, and within the frames of Section 8-6 third clauses.

(2) The pension pension from the enterprise pension arrangement shall be reduced until the unbirth pension along with any unbirth pension from freepoliser, pension evidence and upset rights constitutes the highest of either the unbirth pension that has been determined in the pension plan, or the sum of unbirth pension from freepoliser, pension evidence and upset rights. It should at the calculation after the first period are not taken into account benefits from free policy, pension evidence, and appointed rights that cover income losses by disability that did not be retaken by disability or disability pension benefits from the enterprise pension scheme. If the member has been paid out for little or too much of a pension pension, it can be made a post-settlement settlement.

(3) The Member shall at the request enlighten the pension device about its right to the pension pension from freepoliser, pension evidence and set up rights.

(4) If determined unbirth rate is lower than 100 percent, the unconditional pension of a relationship-wise share of unbirth pension estimated after the first and other clause.

(5) The Ministry can determine regulation to padding and review of the determination here.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480), modified by law 4 des 2015 # 96 (ikr. 1 jan 2016 ifg. res. 4 des 2015 # 1399).

Part Article SECTION 8-8. Outpayment of the pension pension

(1) Uferepension is payable to the member at the earliest one year after the time the member's income ability was reduced at least to the level required by the rule of regulations. The court of the non-birth pension ends if the member no longer meets the minimum minimum requirement of the rule of the rule of the rule of regulations.

(2) Temporary disability pension can at the earliest be paid when the member has been making claims for work-clearance points or disability from the census, and it must be assumed that the claim is granted. If the member receives work-clearance points from the census, the pension device cannot in addition pay temporary disability pension that will entail that the sum of work-clearance and temporary disability pension to the member will exceed 70 percent of the salary basis after Section 8-5. May it is believed that only one part of the member's income ability is lost, the limit is calculated.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-9. Contribution of Workincome

(1) It shall be made income deductions in disability pension to member as of a calendar year has pension-rewarding work income that exceeds income after inductient, as determined after Section 8-3 third clause. Receiving the member disability from the census, additional income after inept, as determined after Section 8-3 third clause, an amendment of four-tenths of the G. Rebirth pension shall be attributed to excess income, multiplied by the relationship between disability pension at 100 percent disability and income before unprehet as determined after Section 8-3 third clause. By the calculation, revenue adjusted before and after the disability after subsequent regulation of the base amount. The income tax deduction in the unbirth pension is transferred to the enterprise's prize fund.

(2) The member shall illuminate the pension device on expected income and about changes in revenue. If the member has been paid out for little or too much pension as a result of the added reason for incorrect information on income, it shall be issued an aftersettlement. If it is paid out for little, the difference is to be paid as a one-time fee. For much paid pension pension can be driven without regard to guilt and can be defunct by drawing in future payments of unpension pension and retirement plan from the pension device. Requirements for reserving of too much paid out-of-the-year pension pension are compulsion for the outlay. The Ministry can provide regulation on post-settlement settlement.

(3) It shall not be paid disability pension when the member's pension rewarding work income in a calendar year constitutes more than 80 percent of income before the Section 8-3 third clause, adjusted in accordance with subsequent changes to the base amount.

(4) Children's amendments after Section 8-6 third joints are reduced in the corresponding manner as the unbirth pension after the first and third clause.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-10. The regulation of the unpension pension under payout

(1) Ufrepension under payout shall be regulated annually in accordance with the return rate of the funds in the pension of pension funds to the safeguards of unbirth pensions under payout, jf. The insurance business law Section 9-16 fifth clause. The regulation for a year nonetheless shall not exceed a percentage of regulation in accordance with the change in the basis of the population of the census.

(2) Return of a year that exceeds what is needed for deregulation after the first clause shall be attributed to the pension of pension funds for the pension pension fund. The funds in the fund should be used to cover up regulation up to the limit in the first clause of the year where the year's yield is not sufficient.

(3) It can be determined in the regulations that annual regulatory pension benefits cannot be covered by this year's yield, or by the transfer of funds in the regulatory fund, shall be covered by the addition of the enterprise.

(4) The Ministry can provide regulation on an upper limit for the size of the pension of the pension of pension funds for the pension pension fund. Excessive funds should be attributed to premiums.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480).

Part Article SECTION 8-11. Perserved the right to the Urepension pension

(1) Is it in the rules determined that workers who resign their position in the enterprise shall have earned the right to disability pension by disability as a result of injury, disease or lyte occurred after the employee of the pension scheme, but before the employment holder has filled 67 years, the provisions of Section 8-2 will apply to 8-10 equivalent, unless otherwise determined in other and third joints.

(2) By calculating impaired revenue ability after Section 8-3, income before inductness will be determined from the employee's normal year salary at the disability. Revenue by disability shall be determined until the income member is predicted to be able to acquire by taking advantage of its residual income by any work that the member can now perform.

(3) Uforepension shall be calculated in the manner determined in the pension plan, on the basis of the employee's salary basis at the fragrant and return of the pension proof forward to the unbirth timing of the Section 8-10 first clause. It shall then be truncated after the relationship between the worker's service time in the enterprise and 40 years.

(4) When the worker of labour is its position in the enterprise, the pension device shall issue pension evidence to the employee of the worker who secures the earned right of the pension pension. The pension evidence shall indicate the employee's service time and normal year's salary at the fraganger. Premier reserve that ensures the upearned right of the pension pension and management reserve shall be associated with the pension evidence. By the way, Section 6-3, Section 6-4 first and second clause and Section 6-5 to 6-8 equivalent.

0	Added by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480), modified by law 4 des 2015 # 96 (ikr. 1 jan 2016 ifg. res. 4 des 2015 # 1399).

Part Article

Chapter 9. End regulations

0	Modified by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480), changed the chapter number of the cap. 9.

SECTION 9-1. Ipowertrecation. Overtime rules

(1) The law applies from the time the King decides. 1 The individual parts of the law can be set in effect until different time.

(2) The king can give transition rules.

0	Modified by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480), modified paragrafnumber from Section 8-1.
1	From 1 jan 2014 ifg. res. 13 des 2013 # 1444.

Part Article SECTION 9-2. Changes in other laws

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0	Modified by law 22 May 2015 # 31 (ikr. 1 jan 2016 ifg. Research. 15 des 2015 # 1480), modified paragrafnumber from Section 8-2.

Part Article