A Powerful Supporter of Fund Members

Gildi is a progressive and dynamic pension fund that emphasises responsible practices and good service. The Fund is the largest in Iceland, with around 250,000 fund members. Gildi operates according to the Act on Pension Funds and according to the fund’s Articles of Association.

Documents and Publishing

Detailed information on Gildi’s position, returns and operations can be found in Gildi’s Annual Report, which is published annually in the lead-up to the Annual General Meeting. The Fund also publishes all documents and presentations from AGMs and fund member meetings. The fund emphasises answering media inquiries quickly and clearly. Finally, on this page you can find a summary of Gildi’s history.

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Assets, Returns and Investment Policy

Mutual Pension Division

Gildi’s mutual pension division had assets of ISK 908.5 billion at the end of 2021. The net nominal returns was 17.8%, or a net real return of 12.8%.

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Future Vision 1

The net assets of Future Vision 1 amounted to just over ISK 3.2 billion at the end of 2021. The net nominal returns of Future Vision 1 in 2021 was 16.8%, or a net real return of 11.4%.

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Future Vision 2

The net assets of Future Vision 2 amounted to just over ISK 3.2 billion at the end of 2021. The net nominal returns of Future Vision 2 was 11.8%, or a net real return of 6.6%.

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Future Vision 3

The net assets of Future Vision 3 amounted to just over ISK 1.2 billion at the end of 2021. The net nominal returns of Future Vision 3 was 4.9%, or a net real return of 0.0%.

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Policies and Articles of Association

Gildi’s Member Associations

Ten trade unions are members of Gildi. All employers with operations in the professions for which the nine unions have entered into collective wage agreements are under obligation to pay the pension premiums of their employees to the Gildi mutual pension division.

In addition to the nine unions, the Confederation of Icelandic Employers is a member of Gildi.

The premiums are paid in the proportions specified in the relevant collective wage agreement. Membership in Gildi, therefore, is mandatory, and making payments into mutual pension divisions of other pension funds is not permitted.