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 if your work capacity is impaired, and in the event of your death, your family may be entitled to a spouse's and child's pension.
There are two LSR coinsurance funds: Division A and Division B. The simple rule is that if you started paying into LSR in 1997 or later, you are in Division A. If you have been making regular payments to LSR prior to that time, it is possible that you are in Division B. In addition, many fund members have rights in both divisions.
LSR also handles the payment, on behalf of the state, for pension funds that have been shut down: ESÚÍ and LA and LR.
