Skip to main content

Pension supplement

Appy for pension supplement

The pension supplement is a monthly amount that is added to the pension payments of the elderly, disability and rehabilitation pensioners if the right exists.

The compensation is intended to cover costs for:

  • medicine,

  • care,

  • buying hearing aids,

  • rent that is excluded from the rent benefit;

  • staying in a co-op or a temporary home,

  • electricity for the use of oxygen filter.

Revenue criteria

The income criterion must be met to qualify for a pension supplement.

You may have a maximum of:

  • 313.526 ISKper month in total income with income from TR,

  • 4 million ISK in cash or securities.

Financial income is the joint property of a married couple and a partner. You record the total amount of your two income before tax in the income plan. Only half is included in the calculation.

Amount

The amount of the pension reimbursement is not a fixed amount but it is based on the cost of the applicant and the total income of the applicant.

Conclusion

When the application conclusion is available, you will receive an email and notification on My pages TR under My documents.

You can also see the amounts for the year in the payment plan.

If you disagree with the decision, you can:

Payment of pension benefits

The pension supplement is paid in advance on the first day of each month with other pension payments.

If payments are accepted retroactively, the credit is paid out as soon as possible on the bank account registered on My pages.

Payments may be cancelled

The pension reimbursement may be cancelled because of:

  • emigration,

  • for the transfer of legal domicile (applies to benefits for stay in a co-op, a temporary home or a rental house),

Appy for pension supplement