grunnbeløp

Grunnbeløp, commonly abbreviated G, is a statutory base amount used in the Norwegian National Insurance Scheme (folketrygden). It functions as a reference value for calculating many social security benefits and pensions, including old-age pension (alderspensjon), disability pension (uføretrygd), survivor's pension (gjenlevendepensjon), and varying minimum guarantees. The G also serves as the basis for several income thresholds and supplements within the scheme, influencing eligibility and benefit levels for a broad group of beneficiaries.

The G is set annually by the government as part of the national budget and is adjusted to reflect changes in wages and price levels to preserve purchasing power. The Norwegian Labour and Welfare Administration (NAV) uses the current G when calculating benefits, and the value is publicly announced each year.

Many benefit calculations depend on G as a multiplier or divisor, and it interacts with other components of the pension system, such as the pensionable base and earnings requirements. The term G is widely used in policy discussions and in the design of pension and social security rules, and it helps to harmonize benefit sizes across different programs.

In summary, grunnbeløp is a central, consistently updated reference point in Norway's social security system, enabling standardized calculation of pension and benefit amounts across generations.