News and announcements
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.
The Impact of Uncertainty on Responsible and Sustainable Investing
10. April 2026
Growing uncertainty in international affairs has increased the importance of environmental, social and governance factors in investment decisions. This is the conclusion of an article recently published on the IcelandSIF website by Heiðrún Hödd Jónsdóttir, Sustainability Specialist at LSR.
New Pension Applications Launched
23. March 2026
LSR has now launched a new version of its pension applications, which is much simpler for fund members than the previous application process, while also making processing easier for staff.
Due Diligence Check for Borrowers on My Pages
9. March 2026
LSR now displays a due diligence check to members who have a mortgage loan with the Fund after they log in to My Pages. The check is short and simple and usually takes less than a minute to complete.
LSR Seeks a Director of Human Resources
23. February 2026
LSR is seeking a forward-thinking and driven individual to lead the development of human resources in the newly established position of Director of Human Resources at the Fund.
Login to My Pages replaces life certificates
12. February 2026
Pensioners at LSR who reside abroad now only need to log in to My Pages once a year to confirm their right to continued pension payments.
Three exciting job opportunities at LSR
30. January 2026
LSR is currently seeking staff for three interesting positions at the fund. The roles in question are a Specialist in the Finance Department, an Information Security Specialist, and a Kitchen Assistant.
2025 Salary Statements for Pensioners and Retirees Issued
20. January 2026
LSR has now completed the submission of salary statements for pensioners and retirees to the Icelandic Tax Authority (RSK). The submission includes all fund members who received retirement or pension payments in 2025.
LSR Investment Policies 2026
19. December 2025
The Board of LSR has approved the fund’s investment policies for Division A, Division B and the Private Pension divisions. The policies apply for the year 2026.