Pensions

At LSR you get extensive pension rights for you and your family.

More about LSR pensions

Personal pensions

Get an add-on from your employer and increase your financial flexibility.

More about LSR personal pensions

Loans

LSR offers fund members diverse and flexible property loans.

More about LSR loans

Life Events

We support you at important junctures

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 and your family may be entitled to a spouse's and child's pension. At LSR, you can also save into a private pension fund, which is one of the best savings available, and take out a loan to buy property.

See all life events

Upon the start of employment

What should you keep in mind when you start contributing to LSR?

Young couple looking at a computer at home.

Property purchase

If you are buying a property or refinancing, LSR fund member loans might be a good fit for you.

Elderly lady interacts with a young child in a garden.

Upon retirement

Here are the main things to consider when preparing for your retirement.

Upon death

Upon death of an LSR fund member, surviving family members may be entitled to pension payments.

News and announcements

2024 Salary Statements for Pensioners and Retirees Issued

20. January 2025

LSR has now completed the submission of salary statements for pensioners and retirees to the Icelandic Tax Authority (RSK). The submission includes all fund members who received retirement or pension payments in 2024 from LSR's Division A, Division B, Private Pension, as well as ESÚÍ (Pension Fund for Employees of Útvegsbanki Íslands) and the LA and LR funds.

Private Pension Payments Still Allowed Toward Mortgage Principal

10. January 2025

The option to use private pension savings tax-free toward the principal of mortgages was recently extended and is now valid until the end of 2025. If this option was used last year, there is no need to reapply for continued use.

Exciting Position in LSR's Pension Department

8. January 2025

LSR is seeking a motivated and positive individual for the position of Specialist in the Pension Department. The role involves both assisting fund members and participating in the fund's improvement projects.

Opening Hours During Christmas and New Year

19. December 2024

The LSR office and phone service will be closed on public holidays during Christmas and New Year. On the first working day after the holidays, the fund’s services will start at 10:00 AM, one hour later than usual.

News and announcements overview