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The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Nordic investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange .
All Norwegians citizens are entitled to get a state pension from the age of 67 in accordance with the Norwegian National Insurance Act (Folketrygdloven). The state pension is paid in full to Norwegian citizens who have lived in Norway for at least 40 years after the age of 16 and in lesser amounts to Norwegian citizens who have lived less time in the country (see Minimal state pension ...
Norwegian Public Service Pension Fund (Norwegian: Statens Pensjonskasse) is a Norwegian government agency responsible for the extra pensions paid to state employees. There are in excess of one million members, and it has total assets of NOK 270 billion.
Kommunal Landspensjonskasse Gjensidig Forsikringsselskap or KLP is an Oslo-based mutual insurance company that manages the pensions of municipal employees in Norway.As of 31 March 2021, the fund had assets of NOK 813.5 billion (US$95.1 billion), [1] with 337 municipal and county authorities, 31 health trusts and 2,300 public sector firms as clients.
' Bank of Norway ') is the central bank of Norway. It is responsible for managing the Government Pension Fund of Norway, which is the world's largest sovereign wealth fund, [4] as well as the bank's own foreign exchange reserves. [5]
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income. The U.S. Government 's Social Security Trust Fund , which oversees $2.57 trillion in assets, is the world's largest public pension fund.
Mandatory state pension fund: Voluntary individual pensions United Arab Emirates: No: Social insurance system: N/A: N/A United Kingdom: Basic pension: Social insurance system: Occupational schemes: Voluntary individual pensions: Stakeholder pensions; Group personal pensions; Self-invested personal pensions United States: Social assistance
Norway Fund may refer to: Norwegian State Educational Loan Fund; The Government Pension Fund of Norway; Norwegian Public Service Pension Fund; Innovation Norway (Norwegian Industrial and Regional Development Fund) The Development Fund (Utviklingsfondet)