This is how you earn accumulated pension rights

Public sector employees earn accumulated pension rights, following similar principles as the National Insurance retirement pension from Nav, though at a different rate. The current regulations for these pension accruals have been in effect since 1 January 2020.

You build up your pension by earning 5.7% of your pensionable earnings up to 7.1 times the National Insurance basic amount (called G) in accumulated pension rights each year. The G sum is adjusted annually. As of 1 May 2025, 1 G is 130 160 NOK. So 7.1 G is approximately 924 136 NOK.

The 2% deducted from your salary is only a small contribution towards covering your share of AFP, retirement pension, disability pension, and dependant's pension. Your employer covers the majority of your pension accruals by paying a premium to us to cover all the benefits you and your family have through membership. The premium is around 13% of your salary. You contribute the statutory 2%, meaning you pay 2% for something that actually costs 15%.

Do you earn more than 924 136 NOK (7.1 G)?

If your pensionable earnings are between 7.1 and 12 G (i.e. between 924 136 and 1 561 920 NOK), 23.8% of your earnings is earned as accumulated pension rights. Your annual accruals are therefore:

  • 5.7% of pensionable earnings up to 924 136 NOK (7.1 G)
  • 23.8% of pensionable earnings above 924 136 NOK. Earnings above 1 561 920 NOK (12 G) do not contribute to your pension accruals.

Your accumulated pension rights increase each year

Your accumulated pension rights are revalued each year in line with increases in the National Insurance basic amount (G) until you retire. Your rights will continue to be revalued even if you leave a position that entitles you to membership of SPK. All years you work up to the age of 75 for an employer with a public service pension scheme will contribute to your accrual. You can retire from the age of 62, but the later you retire, the higher your annual pension will be.

What about your earnings before 2020?

You retain any accrual you earned before 1 January 2020. Anyone with membership before 2020 is entitled to a retirement pension as a former member if their total employment time before and after 2020 is at least three years. Your pension earned before 2020 will be calculated based on your membership years as a fraction. Full service is up to 40 years, depending on when you became a member. For example, if you have 11 years of membership before moving to the new scheme in 2020, your pension accrual fraction will be 11/40 of your pension.

Where can you find details about your pension?

You can find an overview of your pension and registered employment years by logging into SPK.no. The login button is top right on all pages on our website.