Child pension
Average monthly amount in child pension
The graph below shows the development in the average monthly amount in child pension in the Nordic countries.
The data presented is adjusted with the purchasing power standard (purchasing power parity/Euro) to enhance the comparison of the average monthly benefits. Using the purchasing power standard, it is possible to compare values more directly than when using the national currency.
Since 2010, the size of the amount has remained relatively stable in countries like Norway and the Faroe Islands, whereas it has decreased slightly in Sweden. In Finland, Iceland, and Denmark, the average amount has increased continually throughout the years.
Denmark
Child pension is granted to children under the age of 18 who have lost one or both parents. The child pension may also be granted as a supplementary pension if the deceased was a member of such a scheme.
Faroe Islands
A special child allowance is granted to children until the age of 18 years who have lost one or both parents. The child pension may also be granted by way of supplementary pensions if the deceased was a member of such a scheme.
Finland
In basic pension scheme child pension is payable until the age of 18 years and, if the child/young person is in full-time education, until the age of 21 years. The earnings-related orphan’s pension is paid until the child turns 20, and if there is no surviving spouse, the surviving spouse’s pension can be paid to the child(ren).
Iceland
Child pension is payable until the age of 20 years if the child/young person is in education. A public authority grants a fixed amount to those providing for children, but the pension varies according to the labour market pension fund concerned. If both parents are deceased, the amount payable is doubled. The Employment Pension Fund also pays a child pension to the providers.
Norway
Child pension under the National Insurance Scheme is granted to children under the age of 20 who have lost one or both parents.
The child pension system has been reformed with effect from 2024. Children who received children's pension at the start of 2024 will have their pension recalculated according to the new rates if this gives the child a higher payment. If the child is paid more according to the rules that applied before 2024, the child keeps their pension as is.
Sweden
The child pension is payable up to and including June of the year in which the child turns 20. It may also be granted by way of supplementary pensions if the deceased was a member of such a scheme.