Rate for:

Maximum annual deduction for payments to an individual pension scheme

You can claim a deduction from general income for payments to individual pension schemes (IPS).


The maximum amount covers the premium, contributions and administration expenses, including expenses for managing the year's premium or contributions.

The maximum amount also concerns payments to any linked insurance policies which give entitlement to a disability pension, survivor's pension for a spouse, registered partner or cohabitant and children's pension.

To be entitled to a deduction during the income year, the payment must have been made before the end of the income year.

Maximum annual deduction for payments
to an individual pension scheme
NOK 40,000
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