Norwegian Public Service Pension Fund ( no, Statens Pensjonskasse) is a Norwegian government agency responsible for the extra

pension A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...

s paid to state employees. There are in excess of one million members, and it has total assets of

NOK Nok is a village in Jaba Local Government Area of Kaduna State, Nigeria. The village is an archeological site. Archaeology The discovery of terracotta figurines at this location caused its name to be used for the Nok culture, of which these ...

270 billion. All state employees are granted an extra pension of 2% of their gross wages, paid from 67 years of age.

Municipal A municipality is usually a single administrative division having corporate status and powers of self-government or jurisdiction as granted by national and regional laws to which it is subordinate. The term ''municipality'' may also mean the go ...

and

county A county is a geographic region of a country used for administrative or other purposesChambers Dictionary, L. Brookes (ed.), 2005, Chambers Harrap Publishers Ltd, Edinburgh in certain modern nations. The term is derived from the Old French ...

employees have their extra pensions managed by

Kommunal Landspensjonskasse 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 ...

(KLP). The Pension Fund also manages the extra pensions from a number of government-owned enterprises.

See also