Calculations from SSB in 2019 showed that between 50,000 - 90,000 workers in the private sector probably do not receive pension savings.
In 2022, the Tax Administration continues efforts for increased compliance with compulsory service pension in the private sector. Many workers in the private sector do not get the retirement savings they are entitled to. The aim is to achieve increased compliance and more correct savings for workers, through a strengthened supervision of the OTP scheme. Supervision of the compliance of private sector employers with their OTP obligation was transferred from the Financial Supervisory Authority to the Tax Administration on 01.06.21.
Facts about OTP and a-message
From 1 January 2021, employers in the private sector — covered by the OTP Act — were obliged to state in the a notice which pension facility they have an agreement with. The employers themselves are responsible for clarifying whether their activities are covered by the OTP Act. More information can be found at Skatteetaten.no/OTP
Finans Norway estimates that there are 120,000 OTP agreements in Norway. Despite a positive development, too few employers report pension arrangements in the A report (about 105,000 as of July 2022). Most employers report with good quality.
Pension device to be declared
• every month
• in addition to the basic employer's fee
• with organization number — only nine digits
• for all employers in the Group For the correct OTP it is also important that the following are updated monthly
• information about the start and end dates of the employee
• information on employee vacancy rates • information on leave
Toppings: If the employer does not document compliance within the deadline given in the notice, a decision is sent with an order to create an OTP scheme.
Forced mullet: If an order is not complied with within the time limit given in the decision, the employer may impose a compulsory tax. This is calculated at NOK 250, per employee, per day. There is no upper limit to the size of forced mullet.
Complaint: The employer has the right to appeal both the injunction and the imposed compulsory tax. Complaints are submitted by using the complaint form available at etaten.no.
