On Nov. 8, NOR LAB stated repeal of regulations for old-age pension.
NOR LAB published its new Regulations on the repeal of regulations on the reduction of spouse's allowance and child's allowance for old-age pension due to income, with the new Regulations being cited as FOR-2024-11-08-2703, as published on Nov. 8, 2024.
Regulation Overview
In the specific case of Regulation 205, Mar. 11, 1997 on Regulations on the reduction of spouse's allowance and child's allowance for old-age pension due to income, the new legislation confirms that the whole of previous Regulation would now be repealed.
Effectiveness
This new regulation will enter into force, and the repeal will be effective, Jan. 1, 2025.
Regulators
NOR GVT
Entity Types
CNSM; Pension
Reference
OG 2024-1216, 11/8/2024; Rpl Reg 205, 3/11/1997; Citation: FOR-2024-11-08-2703;
