Tryggingamálar

Tryggingamálar is an Icelandic term that translates to "insurance matters" or "social security matters." It broadly refers to the system of social security and insurance in Iceland. This encompasses a range of benefits and protections designed to provide financial security to individuals and families in various life circumstances, such as unemployment, illness, disability, and old age. The primary institution responsible for administering these matters is Tryggingastofnun ríkisins (the Social Insurance Administration of Iceland).

The Icelandic social security system is funded through a combination of employee and employer contributions, as well as general taxation. It aims to ensure a basic standard of living for all residents and to mitigate the economic impact of unforeseen events. Key areas covered include pensions for the elderly, sickness benefits, parental leave payments, disability insurance, and support for families with children. The system is regularly reviewed and updated to adapt to societal changes and economic conditions. The overarching goal is to create a safety net that promotes well-being and social cohesion within Iceland.