Lífsverk Pension fund

Lifsverk Pension Fund is one of Icelands first pension funds, founded in 1954.

The fund is divided into a mutual insurance division – a defined benefits scheme – with a lifelong pension benefits, and a private pension division – a defined contribution scheme. 

Lífsverk is the only Pension Fund in Iceland aimed at University graduates. A University degree is required to become a Fund member. However, the Private Pension division is open to all.