Regulations to the law of 24. November 2000 No. 81 about deposit Board in working conditions (defined contribution pension law) Date-2000-12-22-301 Ministry Ministry of finance published in the 2000 3213 entry into force 01.01.2001 last edited by-2015-10-09-1175 Change applies to Norway Pursuant LAW-2000-11-24-81-section 1-3, LAW-2000-11-24-81-section 2-7, LAW-2000-11-24-81-section 3-2, LAW-2000-11-24-81-section 4-2, LAW-2000-11-24-81-section 5-4, LAW-2000-11-24-81-section 7-1, LAW-2000-03-24-16-section 2-12, LAW-2005-12-21-124-section 1, FOR-2000-11-24-1168, FOR-2000-12-21-1360, law-2013-12-13-106-section 8-1 Announced short title Regulations for the deposit pension law Chapter overview: part 1. Information to the employees under the legal authority of the law on deposit Board in working conditions section 2-7, third paragraph (§ § 1-1-1-3) part 2. Distribution of yield between companies and members with the legal authority of the law on deposit Board in working conditions section 3-2 the second paragraph (§ 2-1) part 3. Maximum deposit limits under the legal authority of the law on deposit Board in working conditions section 5-4 first paragraph and the law on Enterprise pension section 2-12 third led ... (§ § 3-1-3-3)
Part 4. Supplementary provisions on the withdrawal of old age pension under the legal authority of the law on deposit Board in working conditions section 7-1 the first paragraph (§ 4-1) part 5: Exceptions from membership in defined contribution pension scheme with authorization in the deposit section 4 pension law-2 the first paragraph (section 5-1) part 6. Entry into force (section section 6-1-6-2) legal authority: Ministry of finance laid down by 22. December 2000 under the legal authority of the law of 24. November 2000 No. 81 about deposit Board in working conditions (defined contribution pension law) § 1-3, § 2-7, third paragraph, section 3-2 second paragraph, section 4-2 the first paragraph, section 5-4 first paragraph and section 7-1 the second paragraph and the law of 24. March 2000 No. 16 about the enterprise pension section 2-12, third paragraph.
Added legal authority: law 21. December 2005 Nr. 124 of mandatory occupational pension § 1 the fourth paragraph, law 13. December 2013 No. 106 about occupational pension (Pension Act) § 8-1 the second paragraph. The delegation decision 24. November 2000 No. 1168 and delegation decision 21. December 2000 No. 1360. changes: modified by regulations 29 des 2000 Nr. 1418, 29 June 2001 No. 801, 4 June 2003 No. 665, 3 nov 2003 Nr. 1294, 21 Dec 2005 Nr. 1635, 8 feb 2006 Nr. 124, 30 June 2006 no. 861, 18 Dec 2009 Nr. 1726, 10 aug 2011 No. 815, 13 Dec 2013 No. 1446, 9 Oct 2015 Nr. 1175. Part 1. Information to the employees under the legal authority of the law on deposit Board in working conditions section 2-7, third paragraph, section 1-1. The institution's obligations (1) the institution is obliged to give the company adequate base material in a way that the undertaking is able to fulfil its duty to information workers.

(2) the law of 16. June 1989 Nr. 69 about insurance contracts § 19-3. § 19-2, and § 19-4 applies as far as is appropriate on deposit retirement plans in the bank and management company for mutual funds.

§ 1-2. (1) the content of the Information after the deposit section 2 pension law-7 first paragraph should give workers sufficient basis to know in which case members have the right to benefits from the pension scheme. It should also be given information about the pension capital size, expected future retirement and guided information about the assumptions that are assumed for the calculation of pensjonens size. It should also be given information about the risks and risk effects related to the investment choices that are made for the pension scheme. Moreover, there is information about the Steering in the schemes that have this, and about what tasks the safeguards.

§ 1-3. Information to the employees (1) information under the provisions of section 1-2 should be given to all workers in the enterprise, including workers who are not members of the pension scheme. By the hiring of new workers to corresponding information is provided.

(2) the information shall be given as soon as the pension scheme is created. Then information is provided annually, including about changes in the scheme. It is to be given special information, any subsequent changes of significance.

Part 2. Distribution of yield between companies and members with the legal authority of the law on deposit Board in working conditions section 3-2 second paragraph § 2-1. Returns that accrue to pension capital (1) when assigning the return to deposit retirement capital managed by the rules in the deposit section 3-pension law 2, life insurance companies and pension funds make allowance for additional provisions according to the current rules. Returns in the life insurance company or pension fund does not include this year's change in course development fund.

(2) assigned to return is given pension capital.

Part 3. Maximum deposit limits under the legal authority of the law on deposit Board in working conditions section 5-4 first paragraph and the law on Enterprise pension section 2-12, third paragraph, section 3-1. (1) the definitions in this section means: a) deposit: pension contributions as a member of the company to contribute any pension scheme and the pension contributions that the Member even pay, jf. law on deposit-Board § 5-1 other and third paragraph and section 5-6.

b) salary: salary according to the deposit section 5-pension law 5 or, if this is specified in the regulations, law on Enterprise Board § 5-4.

c) 12 times the base amount (G): the then-current base amount in the national insurance scheme.

section 3-2. Deposit limits in defined contribution retirement plans (1) Deposits of a member a single year according to the defined contribution pension law § 5-3 the first paragraph letter a shall not exceed 22 percent of G.

(2) Deposit for a member a single year according to the defined contribution pension law § 5-3 first paragraph, LITRA b, c or d in the pension plan can not be set higher than 7 per cent of the Member's total payroll up to 12 G, or 7 per cent of the Member's total payroll between 1 g and 12 G. Additional deposit for Member's salary between 7.1 G and 12 G can in pension plan cannot be set higher than the percentage of salary 18.1 so in each year. It should not be paid deposits for salary above 12 G.

(3) payment for the Administration and management of the pension scheme is in addition to the limits in the first and second paragraph.

section 3-3. Deposit limits by combined pension plans etc.
(1) the Combined pension plans according to the law on corporate pension section 2-12, cf. defined contribution pension law § 2-13, can only be designed so that a performance-based old age pension provided for in accordance with the a) law on Enterprise Board § 5-2 the first paragraph, LITRA a, or b) law on Enterprise Board § 5-2 the first paragraph, LITRA c is complemented with an arrangement by which the pension deposit deposit law for the members is set out according to the deposit section 5 pension law-3 first paragraph, LITRA b, c, or d, or with a similar mechanism with engangsbetalt old age pension after the law on company pension.

(2) if the entity has combined pension schemes where the performance-based old age pension is determined by the first paragraph, LITRA a, to deposit a single Member a single year according to the defined contribution pension law § 5-3 first paragraph, LITRA b, c or d do not exceed a prescribed percentage of wages in relation to intended national insurance scheme and the pension level according to the regulations in the defined benefit pension scheme as specified in the table below : Sum of performance-based old age and estimated national insurance scheme as a percentage of members ' salary, cf. law on Enterprise Board § 5-4 deposit limit as a percentage of salary between 1 G and 12 G to and by 50 percent To 5 percent and 4 percent with 55 percent To 60 percent and 3 percent to 65 percent and 2 percent to 70 percent and 1 percent Over 70 percent 0 percent it should not paid deposits for salary under 1 G or for wages over 12 G. Deposits after deposit pension law § 5-3 first paragraph, LITRA d , the percentage not be set lower for salary between 1 G and 6 G than for pay between 6 G and 12 G. Deposit limits specified in this paragraph applies to the deposit premium for engangsbetalt old age pension.

(3) if the company has combined pension schemes where the performance-based old age pension is determined by the first paragraph, LITRA b, to deposit a single Member a single year according to the defined contribution pension law § 5-3 first paragraph, LITRA b, c or d do not exceed a prescribed percentage of wages in relation to pension level in the defined benefit pension scheme as specified in the table below: performance-based old age pension deposit limit as a percentage of salary and 0.5 G lower 4 percent of the part of the Member's salary that is located between the 4 G and 6 G and 10 per cent of the portion of the Member's salary that is located between the 6 G and 12 G.
It should not be paid deposits for salary under 4 G or for wages over 12 G.

Over 0.5 G and even 1 G 10 per cent of the portion of the Member's salary that is located between the 6 G and 12 G.
It should not be paid deposits for salary under 6 G or for wages over 12 G.

Deposit limits specified in this paragraph applies to the deposit premium for engangsbetalt old age pension.

Part 4. Supplementary provisions on the withdrawal of old age pension under the legal authority of the law on deposit Board in working conditions section 7-1 the first paragraph § 4-1. Age by the withdrawal of old age (1) old age pension can be taken out before the age of 62 years, and at the specified time, for the following professions: Withdrawal by 55 years: Aircraft pilots Divers rescuers on helicopters that serving on the oil installation at sea Outlet at 60 years: Flight crew members except pilots (2) For other professions, the Ministry of finance in accordance with section 7-1 the first paragraph fix lower age for withdrawal of old age than 62 years in the special case when the conditions are met.

(3) by the transmutation of company pension schemes that have vesting age according to regulation 1. December 2000 No. 1212 to law of 24. March 2000 No. 16 about the enterprise pension section 3-1 the second paragraph, to deposit a pension scheme, the pension contribution age continued.

Part 5: Exceptions from membership in the pension plan under the legal authority of deposit in the deposit section 4 pension law-2 the first paragraph § 5-1. Exception to the membership of the pension scheme of deposit

(1) Workers to exempt itself from membership of a pension scheme of deposit if they are members of a collective pension scheme outside of the pension law, which deposited the entity pays the premium or fee to and that provides benefits of at least equivalent value. The company's access to have parallel pension plans regulated by the pension section 2 deposit law-10 flg.

(2) with the collective pension scheme outside of the pension law means the deposit: 1. Pension Scheme in the State's pension fund, 2. other statutory pension schemes, 3. Municipal pension plans covered by the law 10. June 2005 Nr. 44 about insurance companies, pension companies and their business, etc. Chapter 10, 4.
Other public pension scheme in the pension fund or life insurance company where performance essentially correspond to the performance of the State's pension fund, 5.
Other private group pension arrangement in the Pension Fund, life insurance company, bank or management company for mutual funds.

(3) exception to the membership of the pension scheme of deposit can be made only for workers that is a member of the pension plan after the second paragraph at the time of the creation of new depositors pension scheme. This does not apply when the membership of a pension scheme after the second paragraph are required by law.

(4) the exception from membership in defined contribution pension scheme must apply to all groups that have membership in the pension plan after the second paragraph. Defined contribution pension plan regulations shall not preclude that the individual worker who is a member of a pension scheme after the second paragraph, should be able to choose to go over to deposit the pension scheme at the time of the creation of the scheme.

(5) the question whether the exception to the membership of the pension scheme of deposit must be submitted the Steering Group for the pension scheme to the statement. The affected workers should also be given the opportunity to make a statement. An employee organization may make a statement on behalf of its members. Else can be determined in the collective agreement.

(6) Financial Audit determines by individual decisions about a pension plan after the second paragraph provides the benefits of at least equivalent value, cf. the first paragraph.

(7) an employee can choose to stand outside the deposit pension scheme if he or she is a member of a foreign pension plan, jf. tax law § 6-72, that the entity pays the premium or fee to.

Part 6. Entry into force § 6-1. Entry into force (1) these regulations come into force 1. January 2001.

§ 6-2. (Repealed by regulation 30 June 2006 no. 861.)