+354 420 2100

festa@festa.is

Krossmói 4a, 260 Reykjanesbær

Mon – Thu: 09 – 16 & Fri: 09 – 15

Kirkjubraut 40, 300 Akranes

Mon – Thu: 09 – 16 & Fri: 09 – 15

Austurvegur 56, 800 Selfoss

Mon – Thu: 09 – 13 & Fri: 09 – 12

Id.No: 571171-0239

Pension fund 800 /Private Pension Fund 801

Krossmói 4a, 260 Reykjanesbær

Mon – Thu: 09 – 16 & Fri: 09 – 15

Kirkjubraut 40, 300 Akranes

Mon – Thu: 09 – 16 & Fri: 09 – 15

Austurvegur 56, 800 Selfoss

Mon – Thu: 09 – 13 & Fri: 09 – 12

Id.No: 571171-0239

Pension fund 800 /Private Pension Fund 801

Send Data/Documents Securely

+354 420 2100

festa@festa.is

Krossmói 4a, 260 Reykjanesbær

Mon – Thu: 09 – 16 & Fri: 09 – 15

Kirkjubraut 40, 300 Akranes

Mon – Thu: 09 – 16 & Fri: 09 – 15

Austurvegur 56, 800 Selfoss

Mon – Thu: 09 – 13 & Fri: 09 – 12

Id.No: 571171-0239

Pension fund 800 /Private Pension Fund 801

Krossmói 4a, 260 Reykjanesbær

Mon – Thu: 09 – 16 & Fri: 09 – 15

Kirkjubraut 40, 300 Akranes

Mon – Thu: 09 – 16 & Fri: 09 – 15

Austurvegur 56, 800 Selfoss

Mon – Thu: 09 – 13 & Fri: 09 – 12

Id.No: 571171-0239

Pension fund 800 /Private Pension Fund 801

Billing

The employer must withhold the contributions of its employees and return them to the fund on a monthly basis together with its own share of the contributions. The due date for each month's premiums is the 10th of the following month. If payment does not take place within that month, late payment interest shall be charged at the highest rate the Central Bank of Iceland authorizes deposit institutions to charge, from the due date to the payment date.

Employers and self-employed must notify the pension fund if they are no longer required to pay pension contributions because they have ceased operations or their employees have retired.

Billing process

The pension fund's Articles of Association state that the due date for premiums is the 10th day of the following month, and must be paid within that month. A collection process begins the day after, if premiums are not paid within the month. Employers need to respond quickly to the debt collection letters that are sent to them in order to avoid legal debt collection and the associated costs.