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Native name | 국민연금공단 國民年金公團 |
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Romanized name | Gukminyeongeumgongdan |
Company type | Government-linked company Pension fund (Sovereign wealth fund) |
Industry | Investment management |
Founded | 1988 |
Headquarters | Deokjin District, Jeonju, South Korea |
Key people | Kim Sung Joo, chairman and chief executive officer |
Owner | Government of South Korea |
Parent | Ministry of Health and Welfare |
Website | www |
The National Pension Service (NPS; Korean: 국민연금공단; Hanja: 國民年金公團; RR: Gukminyeongeumgongdan) is a public pension fund in South Korea. It is the third largest in the world[1] with over $800 billion in assets, and is the largest investor in South Korea.[2]
It is looking to buy a portfolio of blue-chip stocks from emerging markets.[3][4]
On January 30, 2017, NPS opened up an office in New York City's One Vanderbilt.[5]
The NPS is currently[when?] in annual surplus, recent surpluses have been between 1% and 5% of GDP.[6]