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ISL-1997-L-53079
Breadcrumb
Title_of_text
Act on Compulsory Pensions Insurance and the Activities of Pension Funds, No. 129/1997.
Main Region
First Region
Country(ies)
Iceland
Subjects (Classification)
Old-age, invalidity and survivors benefit
Adopted on (Date of text)
1997-12-23
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Original title
Lög um skyldutryggingu lífeyrisréttinda og starfsemi lífeyrissjóða
Abstract/Citation
The Act incorporates twelve Chapters on the following matters: Chapter I. Compulsory insurance,contribution and insurance protection. Chapter II. Pension savings. Chapter III. Pension rights in pension funds. Chapter IV. General conditions for the operation of a pension fund. Chapter V. Operating licenses for pension funds. Chapter VI. Function and internal surveillance. Chapter VII. Investment policy of pension funds. Chapter VIII. Annual account and audit. Chapter IX. Supervision. Chapter X. Supervisor. Chapters XI and XII contain various administrative provisions. The Act repeals Act No. 27 of 1991 on the annual account and audit of pension funds, Act No. 91 of 1980 on the registration of pension fund benefit rights and Act No. 55 of 1980 on working terms and pension rights insurance.
Entry dates region
Date of entry into force
1998-07-01
--
Implementing Text region
Implementing text(s)
2012-05-12 (ISL-2012-R-91314)
Regulation on the entry into force of EU Directives on Social Security (Rights to Pension and Child Benefits (I)) No. 443/2012.
Repealed Text region
Repealed text(s)
1980-12-23 (ISL-1980-L-36405)
Act No. 91 of 1980 on the registration of pension fund's benefit rights.
Repealed text(s)
1980-12-23 (ISL-1980-L-36405)
Act No. 91 of 1980 on the registration of pension fund's benefit rights.
Repealed text(s)
1980-06-09 (ISL-1980-L-36768)
Act on Working Terms and Pension Rights Insurance, No. 55/1980.
Repealed text(s)
1991-04-02 (ISL-1991-L-46307)
Act No. 27 of 1991 on the annual account and audit of pension funds.
Repealed text(s)
1991-04-02 (ISL-1991-L-46307)
Act No. 27 of 1991 on the annual account and audit of pension funds.
Electronic region
Electronic source title
Legislation on-line
Author
Ministry of Finance
Country
Iceland
URL
http://www.ministryoffinance.is/legislation/nr/817#Act
File
ISL53079.pdf (PDF)
Electronic source title
Legislation on-line
Author
Parliament of Iceland - Althingi, Iceland
URL
http://www.althingi.is/
File
ISL53079 Isl2017.pdf (PDF of Act in Icelandic as at 20 January 2017)
Serial region
Serial title
Stjornartidindi
Date
1997
Volume
Vol. A
Page range
pp. 432-439.