Termination of agreement
A private pension agreement with LSR can be terminated with two months' notice using a special form on My Pages. However, you can stop payments at any time without terminating the agreement separately.
Termination does not entitle you to payment of the balance or rights. After termination, it is possible to request that balance or rights be transferred between custodians that offer private pension savings.
If you change jobs and want to continue paying into LSR’s Private Pension, you need to inform us of the new employer so that we can send the private pension agreement to them so that payments can continue. You can also fill in a new private pension agreement on My Pages where information about the new employer is stated. It is possible to continue payments in LSR’s Private Pension even if the new job is not with the state, municipalities or related parties.
If you have any questions, please contact us at idgjold@lsr.is.