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The Ísland.is App

Social Insurance Administration: Old age pension

I need information on postponement of old-age pension?

It is possible to postpone taking old-age pension from the age of 67 to 82. Postponing the receipt of old-age pension can potentially increase your payments. For everyone born in 1958 or later, the conditions for an increase are that you postpone taking pension from all pension funds you have rights in, simultaneously with postponing the receipt of old-age pension from the Social Insurance Administration (TR).

You can examine the effects of postponement in the pension calculator.