Kommunal Landspensjonskasse is an insurance company based in Oslo, Norway. Formed in 1949 by the joint board for Byforbundet (the Union of Norwegian Cities) and Herredsforbundet (the Norwegian Association of Rural Municipalities), the purpose of the firm is to provide occupational pensions for local government employees. KLP delivers competitive financial and insurance services to the public sector, enterprises associated with the public sector, and their employees. The assets of the firm are managed by the Board of Directors.