On Nov. 8, NOR LAB updated the regulations on pension conversions.
NOR LAB issued Regulations on changes to regulations on the conversion of contractual pensions for members of State Pension Fund in the event of changes in marital status.
The Regulations can be cited as FOR-2024-11-08-2702, as published on Nov. 8, 2024.
Regulations Overview
In this case, Regulations on changes to regulations on the conversion of contractual pensions for members of the State Pension Fund in event of changes in marital status, etc., changes defined phrase pension under payment, without contractual supplement.
This related to change in Regulation 1494, Nov. 30, 2010 on conversion of contractual pensions for members of the State Pension Fund, providing clarification of application.
Effectiveness
The terms of the regulation will now enter into force, and be effective on Jan. 1, 2025.
Regulators
NOR LAB
Entity Types
CNSM; Pension
Reference
OG 2024-1215, 11/8/2024; Reg 1494, 11/30/2010; Citation: FOR-2024-11-08-2702;
