LV - the Pension Fund of Commerce

Established in 1956

The fund’s purpose is to ensure members and their families against loss of income in retirement or due to disability by providing retirement and disability pensions and, in the case of death, spouse’s and child’s pensions.

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Earning pension entitlement

Your contributions create a valuable entitlement to a life-long pension, as well as disability pension, spouse's and child's pensions, which provides significant insurance coverage for you and your family when faced by misfortune or setbacks during your life.

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Payment of
pensions

Almennur lífeyrisaldur er 67 ára. Hægt er að byrja lífeyristöku 65 ára eða seinka til 70 ára, þá lækkar eða hækkar lífeyrir eftir atvikum. Séreignarsparnaður er laus til útgreiðslu við 60 ára aldur. Allur lífeyrir er skattlagður við útgreiðslu eins og aðrar launatekjur.

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Mortage
Loans

Fund members are entitled to a loan to finance real estate for their family or other long-term financing and re-financing of older loans. Members' loans are real estate mortgages, granted on the basis of the Consumer Mortgage Act.

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