Prime Minister Erna Solberg (H) and her government are proposing that the age limit for being entitled to a compulsory occupational pension is lowered from 20 to 13 years.
On Friday, the government will consider the proposal according to which all employees in the private sector could be entitled to a pension from the first krone they earn.
The proposal to lower the age limit, which could be introduced in 2023 according to the plan, is one of three specific changes that the government is considering, newspaper VG reports.
“For the most eager, it could mean earning a pension from a summer job for at least seven extra years, from the age of 13,” Solberg told the newspaper.
Calculations show that the change would lead to 51,500 young people receiving increased pension savings.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews
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