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Social Insurance Administration

New educational video on income budget

19th April 2023

A short and useful educational video on income budgeting has been released.

Income planning video

It is intended to be a good roadmap for those who are starting to receive pensions.

  • The video discusses the importance of an income plan, but everyone applying for a pension from TR must also submit an income plan.

  • It should be pointed out that the income plan can be changed all year round and that pensioners are responsible for updating it if income or circumstances change.

  • The video is particularly useful for those who are starting to receive an old-age pension, but it is only about two minutes long.

The video is Icelandic-language but can also be accessed with Icelandic, English and Polish subtitles.

Income Estimate (enskur texti)