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1

Private Pension Payments Still Allowed Toward Mortgage Principal

The allowable amounts remain unchanged: individuals can allocate up to 500,000 ISK from their private pension savings tax-free per year toward mortgage principal. Married couples and jointly taxed individuals can allocate a total of 750,000 ISK.

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2

Changes to Private Pension Withdrawal Rules

Regular monthly payments will continue to be processed on the 1st of each month. Applications for withdrawals must be submitted to the fund at least five working days before the requested payment date. As before, only one withdrawal per month wi...

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3

Exciting Position in LSR's Pension Department

Key Responsibilities: Providing fund members and pensioners with personal and professional service, both by phone, email, and in person at the reception. Advising on pension entitlements and private pension savings with LSR. ...

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4

2024 Salary Statements for Pensioners and Retirees Issued

The information from these salary statements is pre-filled on tax returns and can be found on the Tax Authority's service portal. After logging into the service port...

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5

LSR's long term investment vision

Halla's article was published on the website of IcelandSIF, an association of financial institutions, pension ...

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6

New Website and My Pages

Key Updates: Life Event Pages: These dedicated pages compile information, guidance, and forms tailored to specific milestones in members' lives. Step-by-step advice is provided, and downloadable PDFs are available. These pages will be avai...