The pension amount
Inntektspensjon is built from pension credits from five sources, under an annual ceiling. Garantipensjon comes in two rates — ordinary and high — and the rate does not depend on being married, but on whether your partner has their own pension or income above a set level. This page shows the credit sources, the ceiling and both guarantee rates.
Income pension: five sources of credit
The pensjonsbeholdning is built from pension credits recorded across five separately-ruled sources, each valued at 18.1% of its own income base up to its own cap, all measured against the average grunnbeløp for the calendar year: pensionable earnings (up to 7.1×G), a flat credit for first-time military or civil service, unemployment-benefit receipt (net of any credit already counted under earnings), an assumed-income credit while receiving disability benefit (until the year the claimant turns 61), and a care-work credit for qualifying childcare or care of a sick, disabled or elderly person. The combined credit from the first four sources cannot exceed 18.1% of 7.1×G in any calendar year.
Legal basis: §§ 20-4 til 20-8, folketrygdloven (LOV-1997-02-28-19) kapittel 20
The ceiling on credited income
The sum of annual pension credit cannot exceed 18,1 % of 7,1 times the grunnbeløp (national base amount). For the year covered, that comes to 954 375 kr — 7,1 times the average grunnbeløp, set at 134 419 kr. This is a cap on what COUNTS toward the credit, not a cap on the pension itself.
Legal basis: §§ 20-4 og 20-5, folketrygdloven (LOV-1997-02-28-19) kapittel 20
The delingstall (life-expectancy divisor)
The balance is divided by the divisor for your age at the time of claim, common for women and men, to give the annual pension. The divisor is fixed FINALLY the year your cohort turns 61, and does not change again for that cohort, regardless of when between 62 and 75 the claim actually happens.
The divisor is fixed per birth cohort for draw ages between 62 and 75, with MONTHLY divisor values for ages between whole years, found by linear interpolation between the two neighbouring whole-year divisors. The divisor used is the one for the claimant’s age at the start of the claim month.
The actual divisor figures are fixed by NAV's own directorate, not by the Act — this page shows the rule for how they work, not the figures themselves.
Legal basis: § 20-13, folketrygdloven (LOV-1997-02-28-19) kapittel 20
Guarantee pension: ordinary and high rate, not marital status
| Rate | Condition | Level (full insurance period) |
|---|---|---|
| Ordinary rate | You live with a spouse/partner who themselves draws disability benefit, an old-age pension or AFP, or has income above 2G, or draws a transitional benefit. | 234 765 kr |
| High rate | You are single — OR you are married/cohabiting and none of the ordinary-rate conditions apply to your partner. | 253 787 kr |
Notice: a married or cohabiting person whose partner has neither their own pension nor high income gets the HIGH rate — the same rate as a single person. It is the partner's situation, not marital status alone, that decides the rate.
Legal basis: §§ 20-9 og 20-10, folketrygdloven (LOV-1997-02-28-19) kapittel 20
What the guarantee pension is tapered against
The guarantee pension level is multiplied by the divisor at age 67 and reduced by 80% of the account balance, then converted into its own guarantee-pension balance; that balance is in turn divided by the divisor at the actual claim date to give the annual guarantee pension. Algebraically this reduces to the guarantee level minus 80% of the income pension — both sides divided by the same divisor — which is exactly NAV’s own plain-language statement: the guarantee pension is reduced by 80% of the income pension.
The base is your actual, real income pension — the same figure the formula above computes — not a hypothetical recomputation at a different rate.
Legal basis: §§ 20-11 og 20-14, folketrygdloven (LOV-1997-02-28-19) kapittel 20
The insurance-period requirement
Full garantipensjon requires at least 40 years of insurance period. Below 5 years no garantipensjon is paid at all — a separate gate from the proration for a shorter insurance period between these two limits.
Where the insurance period is shorter than the full 40 years, the guarantee pension is reduced correspondingly — the Act states the reduction is proportional but does not itself print the precise ratio in this chapter’s own text.
Legal basis: § 20-10, folketrygdloven (LOV-1997-02-28-19) kapittel 20
No statutory ceiling on the pension
There is no statutory ceiling on alderspensjon itself. The only cap in this area applies to what counts toward accrual, not to the result of the divisor formula.
Legal basis: kapittel 20, folketrygdloven (LOV-1997-02-28-19) kapittel 20
Two different revaluation moments
While you are still accruing, the account balance ITSELF is uprated once a year in line with wage growth alone — a single mechanism, with no separate balancing-index or administration-cost layer.
Once in payment, the pension is uprated differently — annually, by an average of wage and price growth, roughly 50 % wage growth and 50 % price growth. This is a simplified statement; the actual annual regulation is based on EXPECTED wage and price growth, corrected for how far the prior year(s)' expectations missed.
Legal basis: §§ 20-4, 20-18, folketrygdloven (LOV-1997-02-28-19) kapittel 20