The general NNIS withdrawal age for old age pension is 67 years, with the possibility to withdraw from 62 years provided long time of coverage in NNIS. It is possible to draw full or partial pension rights of 20, 40, 60 or 80%. The retirement pension from the NNIS is a life-long payment and is paid on a monthly basis until and including the month of death.
If you live within the EU/EEA at the time of the withdrawal of the pension, a claim for NNIS pension should be sent through the social security office in the country of residency. The social security office in your home country will then coordinate the withdrawal claim with the Norwegian National Insurance Authorities, and who will issue a formal decision on your pension pay-out.
Even if pension earnings in other EU/EEA-countries is coordinated with respect to the withdrawal, the pension is separately paid out from each EU/EEA-country.
You must pay withholding tax on pension at the rate 15 percent when you live abroad, and you are not tax resident in Norway. This applies when you receive pension payments from NAV (the Norwegian Insurance Scheme) and other private schemes.
Norway has entered tax treaties with many countries which contain provisions ensuring avoidance of double taxation. Provided that the pension from Norway is taxable in Norway, it is the country of residence that is responsible to ensure that double taxation is avoided, e.g. by granting foreign tax credit relief for tax paid in Norway.
Pension contributions made to the state and private pension plans in Norway which follows the Norwegian regulations around pension savings cannot be transferred overseas.