Business Services Industry

NORWAY: LUCKY BREAK FOR AFP SCHEME EARLY RETIREMENT PENSIONERS.(Brief Article)

IPR Strategic Business Information Database, June, 2002

People who have taken early retirement under the AFP scheme will be able to fiddle the books legally if the Government's new AFP regulations go ahead. AFP pensioners are allowed to earn a certain amount of money without their pension payments being cut by a corresponding amount. But by setting their estimated earned income at too low a level, pensioners will be able save up to NOK 14,000 in tax with a clear conscience.

(Source: Odin.dep.no)

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