What about the pension during layoffs?
In the pension agreement there is information regarding how you as a company should relate to layoffs and pensions. It is stated in the agreement whether lay-offs in the event of limitations on operations, should be included, or not included in the pension agreement during the lay-off period.
If the agreement states that the laid-off person will exit the pension agreement, the laid-off person will receive a pension capital certificate for the savings. The laid-off person will then be responsible for administrative and administrative costs themselves. Furthermore, the laid-off person will be notified of any risk cover you may have (eg disability pension). If the laid-off person is to re-enter the pension agreement, they start with a new saving (for now related to their own pension account) and that they get a fellow's 2 years on disability pension for diseases you know or should have known about.
Insurance broker Pareto recommends that no employees be dismissed so far, even if their legal pension agreement provides an opportunity to do so. The industry board Liv og Pensjon has had a meeting to look at possible common rules for this in the difficult time we are in. The life companies individually are also looking at possible solutions to this. It may therefore be wise to wait.
Lay-offs and personnel insurance:
Pareto has received information from most of the insurance companies that they are considered to be employed in the event of a layoff. This means that the employees on termination are just as well insured as when they are in an ordinary work situation. Personnel insurance ceases only when the employment relationship is formally terminated.
When laying off, the laid off person is not at work, thus occupational injury insurance coverage is paid in full. In case of partial termination, occupational injury insurance can apply if the accident occurs in working hours / work situation (at home office or in the office).
We refer to information on layoffs on e.g. www.altinn.no, see this page.
Definition of layoff:
"With lay-off, it is meant that the employee is temporarily exempted from work duty in connection with a restriction on operations or downtime. Layoffs can be implemented either for a continuous period (full layoffs) or by introducing reduced working hours (partial layoffs). The laid off employee still has the status of employee. The employer is exempted from the obligation to pay for a limited period according to more detailed rules. NAV considers whether the reason for the layoff gives entitlement to unemployment benefit".
Maximum layoff period:
«The employer may retire employees for a period of 26 weeks during 18 months»