Tax rules for pensioners for the income year 2020

• Retirement pension, AFP and other pension benefits are taxable income.
• Tax on ordinary income is 22 percent. For individuals residing in the special initiative zone in Nord-Troms and Finnmark, the tax rate on ordinary income is 18.5 percent.
• The national insurance contribution for pension income is 5.1 percent.
• The rate for the standard minimum deduction for pension income is 40 percent. Upper limit is NOK 73,150.
• Disability benefits are taxed as salary income. The national insurance contribution for salary income and disability benefits is 7.7 percent. The rate for the standard minimum deduction for salary income and disability benefits is 46 percent, upper limit is NOK 92 000.
• Recipients of retirement pension from the National Insurance Scheme, recipients of contractual pension (AFP) in the public sector born in 1962 or earlier, and recipients of supplementary benefits for persons who have only lived in Norway for a short period, can receive a tax deduction for pension income in income tax and national insurance contributions. Recipients of contractual pension (AFP) in the public sector born in 1963 or later, can also receive this deduction.
• Pursuant to the National Insurance Act, supplementary benefits for spouses granted to recipients of retirement pension and/or contractual pension is tax-free for pensioners who received the supplementary benefit for spouses prior to 1 January 2011.
• Compensation supplements to contractual pension (AFP) in the private sector paid to recipients born in 1962 or earlier are tax-free.

If you're a tax resident abroad and pay withholding tax, see "Pensioners who are tax residents abroad".