Disability pension consists of basic and supplementary payments.

Disability pensions

• 396.340 ISK per month

• 4.756.080 ISKper year

Home allowance

The home allowance is for pensioners who live alone.

• 65.709 ISK per month

• 788.508 ISKper year

Part of disability pension consists of basic and supplementary payments.

Disability and partial disability pensions

A supplement for old age is paid to those who receive disability or part-disability pension in the new system. A supplement for old age is not paid to those who receive sickness or rehabilitation payments in the new system.

Full age supplement will be paid to those aged 18 to 24 when either the criteria for a rehabilitation pension were first met or when the disability assessment was first approved. This applies whether the first disability assessment took place before or after 1 September 2025. The amount will decrease by 5% from 25 years to 44 years of age.

All people who receive disability assessment for the first time at the age of 25 will receive 95% of the full age extension.

All who receive disability assessment for the first time at the age of 43 receive 5% of the full age supplement. Those who are older at the time of the first disability assessment do not receive an age supplement. When a person is 44 years old receives an incapacity or part-incapacity pension, he/she does not receive an age supplement.

Medical and rehabilitation allowance

Age supplement will not be paid to those who have medical and rehabilitation payments.

Free income limit for disability pensions

The general free income limit for disability pension payments in the new system is ISK 1,200,000 per year.

The general free income limit of the partial disability pension will be ISK 1,200,000 per year, along with a special limit for employment income of ISK 3,000,000 per year.

Free income limit for sickness and rehabilitation allowance

The general free income limit for the new medical- and rehabilitation allowance is ISK 40,000 per month.

The special income limit for the new medical- and rehabilitation allowance is ISK 160,000 per month.