Lífeyrissjóður verzlunarmanna - Ársskýrsla 2020

All amounts are in thousands of Icelandic króna Ársskýrsla Lífeyrissjóðs verzlunarmanna / Annual Report 2020 Statement of Changes in Net Assets for Pension Payments 2020 2020 2019 Premiums Members 9,752,857 9,987,534 Employers 25,856,784 26,527,836 Transfer of rights and repayments (52,398) (35,637) 35,557,243 36,479,733 Special supplementary contributions 376,085 367,554 35,933,328 36,847,287 Pensions Total amount of pensions 18,914,202 16,723,437 Contribution to Rehabilitation Fund 213,278 227,124 Direct expenses from disability pensions 14,155 12,949 19,141,635 16,963,510 Net investment income Net income from holdings in companies and funds 104,162,136 109,724,291 Net income from bonds 25,728,342 26,457,501 Interest income from cash equivalents 569,512 239,136 Interest income from premiums and other claims 4,921 117,691 Other investment income (41,696) (3,243) Investment expenses (429,293) (376,895) 129,993,922 136,158,481 Operating expenses Office and management expenses 1,226,807 1,114,308 Increase in net assets 145,558,808 154,927,948 Net assets from previous year-end 867,670,216 712,742,267 Net assets for pension payments at year-end 1,013,229,024 867,670,216 136