Premiums

Employee pays

F112 – Premium to union fund  0,7%

L200 – Pension fund  4%

Contributions from employer

Private sector:

– Contribution to pension fund  11,5%

S112 – Sickness benefits fund  1%

O112 – Recreational fund  0,25%

E112 – Educational fund  0,30%

R200 – Rehabilitation fund  0,10%

Reykjavík:

– Contribution to pension fund   11,5%

S107 – Sickness benefits fund 0,75%

O112 – O112 – Recreational fund  0,25%   0,3%

E107 – Educational fund 0,7%

R200 – Rehabilitation fund 0,10%

State/nursing homes/private institutions:

– Contribution to pension fund   11,5%

S107 – S107 – Sickness benefits fund 0,75%   0,75%

O112 – Recreational fund   0,50%

E109 – Educational fund 0,82%

R200 – Rehabilitation fund 0,10%

Kópavogur/Seltjarnarnes/Mosfellsbær:

– Contribution to pension fund   11,5%

S107 – Sickness benefits fund   1%

O112 – Recreational fund 0,33%

E108 – Educational fund 0,82%

R200 – Rehabilitation fund 0,10%

NB. from January 1. 2024 Efling union will recieve all union and wage related payments and statements. Before that these payments and statements have gone through Gildi pension fund.