+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

Fund Members Premiums

The pension fund premiums paid to the fund shall amount to 15.5% of the total salary according to law. The employee then contributes 4% and the employer 11.5%. Pensions from pension funds depend on the premiums received by the fund member. Premium must be paid from all salary income of employees and settled monthly. The source of the contribution shall be all types of wages or commissions.

Premiums are paid from the age of 16 and premium payments cease when the fund member reaches the age of 70. If payments are received for fund members, younger than 16 or who have reached the age of 70, they are deposited in Festa's private pension savings department in the name of the fund member. In those cases, the fund member is informed about the disposition of the premium.

You can track premium returns on the fund's member and/or employers website.

Fund Member Website Employers Website

Fund member statements

A statement of received premiums is sent to fund members twice a year, and fund members must notify their pension fund within 60 days from the date of issuance, in the case of arrears of premiums, in order to secure their entitlements. It is essential that fund members compare these statements with their payslips to ensure correct returns.

Good to Know

Do I have to pay premiums to Festa?
How do I pay premiums?
How do self-employed pay premiums?