Private Sector Relief Fund
What is the BHM Private Sector Relief Fund?
The Private Sector
Relief Fund is for members of BHM employed in the private sector. The right to allocations from the Private Sector Relief Fund is
contingent on prior payment into the fund for a period totalling 6 months,
thereof 3 consecutive months before the occurrence of the event leading to an
application for fund allocations. If a member's contributions are less than
3,000 ISK a month, they are entitled to half the allocations. The employer should pay
into the fund on their employees' behalf. Self-employed members can pay
directly into the BHM Private Sector Relief Fund.
Expenses covered by the BHM Private Sector Relief Fund
- Patient's
daily expenses
- Physical
exercise subsidy
- Physical
and psychological treatment
- Spectacles
grant:
- Maternity/paternity
grant:
- Cancer
screening
- Risk
assessment from the Icelandic Heart Association
- Laser
procedures
- Hearing
aids
- Dental
repairs
- In-vitro
fertilisation treatment
- Hearing
aid grant
- Death
benefits
- Work-related
accidents or unexpected termination
- Grant
for travel expenses incurred due to adoption of children
How to apply
- Applications are made
through “Mínar síður” (My BHM). Sign in with Icekey
(Íslykill) or digital ID.
- Invoices and receipts
must be submitted in order for payment to be made.
- Payments are made every
Friday.
- Fund allocation rules (link)
