Fund mem­bers­hip

All members who have contributed to the BHM Vocational Education Fund for a total of six months, thereof three consecutive months before the grant event occurs, are eligible for grants. Eligible projects must be relevant to the fund member's occupation.

Who can receive grants from the Fund?

All members who have contributed to the BHM Vocational Education Fund for a total of six months, thereof three consecutive months before the grant event occurs, are eligible for grants. Gross pay of 427.273 kr. or higher makes you eligible for a maximum grant, 160.000 kr. Gross pay below the aforementioned amount makes you eligible for a grant of 80.000 kr.

After three months of no fund fees the right to grants is diminished.

Discontinuity in Fund Membership, resulting from the following reasons, does not diminish a Fund member's eligibility for grants:

  • Maternity/Paternity Leave: Fund members maintain full entitlements during maternity/paternity leave, provided they continue to pay their fees to their respective trade union.
  • Unemployment: If a fund member possesses full rights upon the commencement of unemployment, they maintain those rights for a duration of up to one year, provided that union dues are consistently covered. Unions have the authority to prolong this period for as long as the member receives payments from the Directorate of Labour, provided that the relevant trade union is responsible for paying the 0.22% contribution to the fund based on unemployment benefits from the beginning of the unemployment period.
  • Unpaid Leave: Fund members retain their accrued rights for the initial 6 months of unpaid leave. The member must submit confirmation from their employer stating that they are on unpaid leave at the time the application is submitted.
  • Illness: A member of a fund who has fully utilized their entitlement to sickness allowance and receive a rehabilitation pension from the State Social Administration (TR) maintain their entitlement to benefits other than sickness allowance for a maximum of 12 months, provided they have not established rights elsewhere.

The Fund's Board assesses whether it is possible to bridge the discontinuity of membership in regards to previous fund membership. Discontinuity of membership can never exceed 6 months.

Borgartúni 27, 105 Reykjavík
Kt. 630387-2569

595 5100
BHM opening hours

Service desk:
Monday to Thursday 10:00 AM to 2:00 PM.
Friday 10:00 AM to 1:00 PM

Office:
Monday to Thursday 9:00 AM to 4:00 PM,
Friday 9:00 AM to 1:00 PM

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