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Saturday, June 25, 2022

Tag: pensions

Retirees rebel over their pension slips

The digital age is descending a bit too quickly for scores of Norwegian retirees. They're mounting a rebellion after state social welfare agency NAV...

Norway’s Oil Fund just keeps growing

Analysts and politicians weren't expecting much, but Norway's huge sovereign wealth fund known as the Oil Fund logged a good year last year. It...

Financial drama grips the Opera

Playing out behind the sleek, elegant lines of Oslo's Opera House is a financial crisis so dramatic that it prompted Opera management to close the publicly owned building to...

More Norwegians want to work longer

A new poll released this week shows that steadily more Norwegians want to work longer, at least until they turn 70. Most get squeezed out...

More Norwegians can’t pay their bills

Growing numbers of retired Norwegians, along with many in high income brackets, now represent the fastest-growing segments of the population that have gotten into trouble for failing...

Opera forced to grapple with cuts

Management at The Norwegian Opera & Ballet is now evaluating a wide range of cuts in everything from its orchestra to production expenses, in order...

Pension manager pulls out of coal

Norway's largest manager of pension funds, KLP, has decided to sell off all its investments in coal companies. KLP executives will instead invest half-a-billion kroner...

Public service threatens strikes

Unions announced 30,000 government workers could take strike action from Monday morning if no wage settlement can be reached through mediation. The strike has...

Pension costs hit Oslo orchestra

Pension costs for Norwegian theatres and orchestras have increased by NOK 70 million (USD 11.7 million) over three years. The Oslo Philharmonic (Oslo-Filharmonien, OFO)...

Oil Fund takes new safety steps

The management of Norway's massive sovereign wealth "Oil Fund" has introduced new protective measures when making investments in unlisted companies. The move follows a...

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