Social insurance, for example, pays for medical costs, prescription drugs (according to specific rules), hospital stays, and also ensures a minimum standard of living for people. Social insurance also includes: old-age pensions, disability pensions, accident insurance, and health insurance.

• TR is responsible for: Pension matters and family/caregiving matters.

The role of TR is to enforce the Social Security Act, the Social Assistance Act, and the Act on Long-Term Illness for Children, as well as to carry out other tasks assigned to the institution from time to time. On the institution's website at Iceland.is Information can be found about the following:

• Disability
• Rehabilitation
• Children and young people
• Pension
• Cross-border rights
• Car purchase for people with disabilities
• Stay at an institution
• Estate and death benefits
• Financial assistance for loss of income
• SI is responsible for: Health insurance, including reimbursement for medical, dental, pharmacy, and training bills, accident insurance, along with an Assistive Device Center.

Here on the left you can choose Insurance Agency or Patient Insurance - Prosthetics Center for more detailed information about the aspects of social security that fall under each institution.