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Welcome to LSR

Dear member of LSR pension fund We have received your first contribution to LSR – the Pension Fund for Icelandic State Employees. You are now a registered fund member, which brings various pension benefits at the country‘s largest pension fund. We are ha...

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Division A

Please keep in mind that LSR’s Division A is a closed pension fund, and it is important to check that the membership conditions are met before premiums are paid. Premium base and rehabilita...

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Overview

LSR is both the oldest pension fund in Iceland and the largest in terms of assets. The fund has guaranteed its members and their families extensive rights for over 100 years.The fund's policy statement states ...

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Organisational Chart

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Upon death

Upon the death of an LSR fund member, the spouse and children may be entitled to spousal and child pension payments. If the fund member had saved into private pension or specified private pension at LSR, that balance is inherited to legal heirs according ...

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History of LSR

1855 The foundation for the pension rights of civil servants was laid by the decree of King Fredrik VII of Denmark from 31 May, 1...

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Articles of Association

The latest LSR Articles of Association took effect on 30 April, 2025.

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Privacy Policy

LSR processes personal data in accordance with applicable data protection legislation at all times. Personal data protection is important to LSR Strong data protection is a priority for LSR. The fund is committed to respe...

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Employers

LSR is divided into Divisions A and B, as well as private pension. Division B was closed in 1996, and therefore most active fund members pay into Division A, which accepts new fund members if they meet the conditions for membership. Part of the fund membe...

/en/employers/overview/

If your work capacity is reduced

If your work capacity is reduced, you may be entitled to disability pension payments as a member of LSR. The application process can take up to four months. Below is a summary of the key points regarding disability pension benefits and the application pro...

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