• Chatbot
  • Help and guidance
  • Find your DNB-office

Defined-contribution pension

How much your employer saves for you and what investment choices you make are important for how large a pension you will receive.

Colleagues talking in front of a blackboard
  • You can switch to a pension profile that is best for you

  • Full overview of your pension in the Spare app

What is a defined-contribution pension?

The employer saves a percentage of salary up to 12 G for your pension. The payments from the employer and the return you receive on the money saved together constitute the pension from the employer. You decide how to invest the money.

If you leave the company, you will be de-registered from the defined-contribution pension scheme. From and including 01.01.2021, you will receive all your accrued pension on a pension capital certificate, irrespective of how long you have worked for the company.

G - the National Insurance basic amount

1 G = NOK 111 477

(as of 1 May 2022)

This determines how much you receive in a defined-contribution pension:

  • How much the employer saves for you
  • How much you are paid in salary
  • How many years you work
  • The return you receive on your money

This is how you can influence your defined-contribution pension

The money that your employer saves for your pension is invested in a pension profile that can consist of both shares and fixed-income securities. Your employer puts all employees in the same profile, irrespective of how long they have left until retirement age. You should therefore log in to see your options. The choice you make could have a major impact on how much you receive as a pension.

It costs nothing to change your profile.

Read more about it here

Why does a defined-contribution pension become a pension capital certificate?

When you leave a job where you have had a defined-contribution pension, your accrued pension benefits are transferred to a pension capital certificate. By collecting the pension capital certificates in one place, you can save costs, get a better overview and a larger pension.

Consumer economist Silje Sandmæl explains pensions from employers

Own pension account

On 1 February 2021, everyone with a defined-contribution pension was given their own pension account - completely automatically.

  • Read more about your own pension account

Pension provider

The pension agreement is provided by DNB Livsforsikring AS.

Defined-contribution pensions FAQs


Footer navigation

Head office

Dronning Eufemias gate 30

0191 Oslo


Postal address


Postbox 1600 Sentrum

0021 Oslo


Org. no.


984 851 006

DNB Websites

DNB Eiendom#huninvesterer


DNB LuxembourgDNB SwedenDNB Denmark

Social media

Terms of usePrivacy policyPrice listCompare our prices with other companies on Finansportalen.no