Fellesforbundet avdeling 57 Nord-Rogaland

Endre avdeling

Requirements for receiving AFP?

Requirements for 62 year olds

In 7 of the 9 last years before you turn 62, you must have worked in a company/companies with a collective agreement that includes AFP.
However, there are provisos for those born on the following dates:
1944-1951, the rule is 3 of the last 5 years
1952, the rule is 4 out of the last 6 years
1953, the rule is 5 out of the last 7 years
1954, the rule is 6 out of the last 8 years

  • You must also meet the seniority requirements by the time you turn 62. It is irrelevant if you continue working for the company and meet the requirement once you turn 62, such as when you turn 63.
  • During the seniority period, your main job must be with a member company, and your pension earning income (salary etc.) from the company must be higher than any other incomes.
  • You must have worked in your position for at least 20 percent of your time.
  • If in the last three years you have turned 62 and received a pension (not disability allowance), severance pay or any other service from present or previous jobs without corresponding duties, you are not entitled to AFP as the value of the annual service is more than 1.5 G.

Requirements for withdrawal
The main rule regarding your time of withdrawal is that in the last three consecutive years prior to this date you must have been employed and a genuine employee of a company/companies with a collective agreement that includes AFP. In the last three years before taking out AFP, you must have worked for at least 20% in your job.

At the time of withdrawal, you must have a pension-earning income, which when converted to an annual income exceeds 1G (basic state wage, adjusted annually).You must also have an annual income in excess of 1G for the previous income year.
For more information visit www.afp.no/