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Private Pension – Securities Plan

The Securities Plan is one of LSR’s two Private Pension Plans. The weighting of equities is higher than that of bonds, which means returns may fluctuate to some extent; however, this also comes with expectations of higher long-term returns. The Securit...

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Private pension and specified private pension

When you pay into a private pension, your employer adds 2% to your salary and pays it into the private pension savings. That's a direct pay raise for you! That's why everyone should take advantage of private pension savings.

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Private Pension – Deposit Plan

Deposit Plan is one of LSR’s two private pension plans. The plan’s capital is fully invested in indexed deposit accounts, which minimises fluctuations in returns and is best suited to those who want to keep their balance stable during their last workin...

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Use of private pensions

Borrowers are advised to use private pension savings for their first property purchase. You can apply for this on the website leidretting.is and you can fin...

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Division A - Division between spouses

In response to this, fund members of Icelandic pension funds in marriage, cohabitation or confirmed cohabitation are offered two options to equalise the status of cohabiting partners. On the one hand, there is the option to divide pension rights and on...

/en/pensions/division-a/division-between-spouses/overview/

Division A - Foreign nationals

Refund of premiums upon emigration In some cases, foreign nationals who move out of the country can get the premiums they have paid into an Icelandic pension fund refunded. In accordance with law, the following rules apply at LSR:

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Pension payments

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Pension calculator

Below, you can enter your information into the calculator and estimate your pension payments. Another option is to log into My Pages, where you can access the calculator with your information pre-filled.

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Division B

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Division A - Accrual of rights

In LSR's Division A, you pay a monthly premium of 4% of your salary, and in addition the employer pays a premium which is normally 11.5%. In this way, the right to a pension is created, which is paid for the rest of your life, and the right to a disabi...

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