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Social Insurance Administration Frontpage

Social Insurance Administration

Changes to the income plan due to increases in pension funds

26th January 2023

It is noted that only changes to the 2023 earnings estimate can be made on My pages in TR, in the Hlíðasmára 11 service center or with agents throughout the country. No notices of changes can be received by phone or by e-mail.

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It is clear that increases in pension fund payments from the turn of the year have an impact on the amount of pension fund payments from TR and therefore customers themselves need to change their earnings plans. It is necessary that customers obtain information from their own pension funds about increases and change their earnings plans at TR according to those increases.

Some pension funds have just sent letters to members about increases at the end of the year and advised them to contact TR about this. At the moment, there is a lot of pressure on service providers and we ask for our respect for the wait that has been in the telephone service provider and encourage customers to update earnings estimates on My pages of TR.