Country: | Iceland |
Title: | Means testing |
Description: | Old-age pensions are income-related, which means that social security payments decrease when the monthly income of pensioners exceeds a certain income threshold. The amount of old-age pension is calculated on the basis of an income estimate and it is important that it is correct. |
Link: | Senior citizens can attend associations and pastimes in the service centers or community centers of the elderly who work in most municipalities in the country. |
Category: | Government Services :: Benefits |