Norwegian Public Service Pension Fund

From Wikipedia, the free encyclopedia

Norwegian Public Service Pension Fund
Type Government agency
Founded 1917
Headquarters Oslo, Norway
Area served Norway
Industry Financial services
Parent Norwegian Ministry of Government Administration
Website www.spk.no

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.

All state employees are granted an extra pension of 2% of the gross wages, paid from 67 years. Municipal and county employees have their extra pensions managed by Kommunal Landspensjonskasse (KLP). The Pension Fund also manages the extra pensions from a number of Government-owned enterprises.