Pensions

At LSR you get extensive pension rights for you and your family.

More about LSR pensions

Personal pensions

Get an add-on from your employer and increase your financial flexibility.

More about LSR personal pensions

Loans

LSR offers fund members diverse and flexible property loans.

More about LSR loans

LSR Private Pension Savings

Get a pay raise through private pension savings

When you contribute to private pension savings, your employer adds 2% on top of your salary and pays it into your private pensions account. That’s a direct pay raise for you! That’s why everyone should take advantage of private pension savings. Choose wisely – at LSR, you pay no joining fees, management fees, or withdrawal costs.

Apply for Private Pension Further information

pay raise thanks to employer matching contribution

joining fees, management fees, or withdrawal costs

Life Events

We support you at important junctures

As a LSR fund member, you gain the right to a pension for the rest of your life. In addition, the pension premium entitles you to a disability pension and your family may be entitled to a spouse's and child's pension. At LSR, you can also save into a private pension fund, which is one of the best savings available, and take out a loan to buy property.

See all life events

Upon the start of employment

What should you keep in mind when you start contributing to LSR?

Young couple looking at a computer at home.

Property purchase

If you are buying a property or refinancing, LSR fund member loans might be a good fit for you.

Elderly lady interacts with a young child in a garden.

Upon retirement

Here are the main things to consider when preparing for your retirement.

If your work capacity is reduced

Entitlement to a disability pension can prove invaluable if your work capacity is reduced.

Upon death

Upon death of an LSR fund member, surviving family members may be entitled to pension payments.

News and announcements

The Icelandic flag among other nordic flags

The Icelandic pension system receives top marks

27. October 2025

For the fifth year in a row, the Icelandic pension system has received top marks in an international analysis covering 52 countries. The Icelandic system earned the second-highest score of all the nations included in the study.

Computer generated image of the new bridge over Ölfusá

LSR among those financing the construction of the Ölfusá Bridge

23. October 2025

LSR is one of four parties that have signed an agreement with ÞG Verk to provide project financing for the construction of the new Ölfusá Bridge. The other participants in the project are Íslandsbanki, Birta Pension Fund, and the Pension Fund of Commerce.

Reception and phone service closed on October 24 due to the Women’s Strike

22. October 2025

Reception and phone service will be closed on Friday, October 24, due to the Women’s Strike. LSR wholeheartedly supports women and non-binary people and encourages everyone to contribute to advancing equality in society and to stand united against discrimination.

Only fixed-rate loans processed

17. October 2025

Due to a Supreme Court ruling in case no. 55/2024, LSR will for the time being only accept applications for loans with fixed interest rates for the entire loan period. However, LSR will complete the processing of all loan applications that are already being handled by the fund.

News and announcements overview