TY - JOUR
TI - Organization, operation and reforms of the Norwegian pension scheme in the light of demographic trends
AU - Mosionek-Schweda, Magdalena
TI - Organization, operation and reforms of the Norwegian pension scheme in the light of demographic trends
AB - 
	The aim of this article is to present the principles of the Norwegian pension scheme, which is being reorganized since 1 January 2011 with regard to the acquisition and determination of pension rights and the possibility of combining work with pension in the light of demographic challenges. The phenomenon of an aging population (which is the result of, i.a., rising longevity and declining fertility rate) and the migration processes have become a serious threat to public pension systems of most countries. For this reason, they decided to implement radical reforms in the retirement security of citizens. Among these countries was also Norway, despite the fact that its liberal immigration policy, very high fertility rate and, primarily, the funds collected in the state pension fund seem to protect its pension system, as well as public finances, against the collapse. The choice of the subject was influenced by the growing popularity of Norway as a destination for employment and by the considerable complexity of the Norwegian pension scheme, especially in the ongoing transition period in which the old and new regulations operate simultaneously. This paper is based on the materials collected in the branches of the Norwegian Labour and Welfare Administration (NAV) in Stavanger, statistical data and analyses compiled by Statistics Norway (SSB), as well as the information published by NAV and the Norwegian Ministry of Labour and Social Affairs.
VL - 2015
IS - Volume 34
PY - 2015
SN - 2300-6102
C1 - 2353-9496
SP - 112
EP - 122
DO - 10.4467/23539496IB.13.009.3982
UR - https://ejournals.eu/en/journal/ibage/article/organization-operation-and-reforms-of-the-norwegian-pension-scheme-in-the-light-of-demographic-trends
KW - social security
KW - pension benefits
KW - pension system reform
KW - Norway