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The Norwegian Social Insurance Scheme's basic amount

Many of the Norwegian Social Insurance Scheme's payments are determined in relation to a basic amount, often called G.

This is regulated by Parliament as of 1 May every year.

Note: Due to the corona situation, the social security settlement for 2020 has been postponed until the autumn, but the change will apply from 1 May.

The basic amount is also used as a starting point for the calculation of many of the payments made by the Norwegian Public Service Pension Fund, and for coordinating these with the Norwegian Social Insurance Scheme.

As of 1 May, 2019, the basic amount is NOK 99 858  per year and NOK 8 322 per month.

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Published Apr. 28, 2015 3:22 PM - Last modified June 15, 2020 10:15 AM