Pensions

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

More about LSR Pension

Private Pension

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

More about LSR Private Pension

Loans

LSR offers fund members diverse and flexible property loans.

More about LSR Loans

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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

A recording of LSR’s Annual Meeting – May 5

5. May 2026

LSR’s Annual Meeting was held at Hilton Reykjavík Nordica on Tuesday, May 5 at 15:00. A recording of the meeting can be accessed here.

A screenshot from LSR Annual Report 2025

LSR Annual Report 2025 published

5. May 2026

LSR’s Annual Report for 2025 has been published. It covers the fund’s operations over the past year, assets at year-end and much more. The fund has also published its Sustainability Report for the year.

LSR Annual Meeting to Be Held on May 5

21. April 2026

The LSR annual meeting will be held at 3:00 PM on Tuesday, May 5. The meeting will take place in the VOX Club conference room at Hilton Reykjavík Nordica and will be open to all fund members and employers.

Nearly ISK 100 billion increase in LSR’s assets in 2025

16. April 2026

The net assets of the Pension Fund for State Employees were just under ISK 1,664 billion at year-end 2025, an increase of just over ISK 97 billion year-on-year. LSR’s nominal return, as the country’s largest pension fund by assets, was 6.6% in 2025 and the net real return was 2.7%. The fund’s real return has averaged 3.8% over the past 10 years.

News and announcements overview