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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Norway proposes new state pension

Posted on 02 December 2010

From IPE: The Norwegian finance ministry has proposed the legislation for a new Government Pension Fund on the lines of the existing Petroleum Fund. It has submitted a separate legislative proposition on the proposed scheme to the national parliament, the Storting.
It said: “This fund is based on the Government Petroleum Fund and the National Insurance Scheme Fund and will help to make clear that the government accumulates assets to finance future pension payments.”………………………………………Full Article: Source


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