The pension age
Alderspensjon has one flat earliest-draw age, 62 — not a separate, rising "full" age the way Sweden has. The whole system is neutral by construction: the draw age itself carries no penalty, because that adjustment already lives inside the divisor. But before 67 a separate condition applies: your pension must reach a minimum level. This page keeps the two apart.
One flat age, no separate "full" age
The earliest draw age is 62 years. Unlike systems with a separate, rising "full" age, Norway has only this one fixed limit — the whole window from 62 to 75 is built to be neutral, see below.
Legal basis: § 20-2, folketrygdloven (LOV-1997-02-28-19) kapittel 20
Neutral withdrawal: the age itself costs nothing
Alderspensjon is designed to be neutral with respect to draw age: the expected present value of total payments is meant to be independent of when you claim. Every draw age uses the same formula — the account balance divided by the divisor — and the adjustment already lives inside the divisor: an earlier draw age produces a HIGHER divisor (more expected remaining years), not an extra percentage reduction on top of the formula.
Legal basis: §§ 20-12 og 20-14, folketrygdloven (LOV-1997-02-28-19) kapittel 20
A separate condition applies before 67
Neutral withdrawal is not the same as unconditional withdrawal. To draw alderspensjon before turning 67, the sum of your income pension and guarantee pension must at least equal the high-rate guarantee pension level, computed with a full insurance period. This is a CONDITION on WHEN you may start drawing, not a reduction of the amount paid.
The level this test is measured against is the same high rate that applies to the guarantee pension: 253 787 kr a year (01.05.2026 - 30.04.2027, full insurance period).
Legal basis: § 20-15, folketrygdloven (LOV-1997-02-28-19) kapittel 20
No claim window beyond 75
Delingstall figures are fixed for draw ages between 62 and 75. This page does not cover what happens to further accrual past age 75.
Legal basis: § 20-13, folketrygdloven (LOV-1997-02-28-19) kapittel 20