10. Mar 2026Ministry of Finance and Economic Affairs, Ministry of Health, Ministry of Social Affairs and Housing, Social Security and Pensions
Social security and pensions
Social security and pensions
Ministry of Finance and Economic Affairs
Ministry of Health
Ministry of Social Affairs and Housing
The Icelandic pension system is based on three main pillars: the social security system, an occupational pension system and supplementary pension savings.
Social security is a public pension system of which all Icelanders are members, with the primary objective of providing mutual insurance, income equalisation and a social safety net for pension recipients. Social security includes pensions, health insurance and disability insurance