Korea Joongang Daily
Korea JoongAng Daily

Korea's state pension fund surpasses 1.5 quadrillion won, buoyed by strong investment returns

The state pension fund, which supports the public’s retirement security, surpassed 1.5 quadrillion won ($1.01 trillion) in reserves for the first time, mostly through investment returns.

2026-04-09

NPS services paralyzed by Enhypen fans over Heeseung's departure

The National Pension Service's support services became paralyzed after fans of boy band Enhypen bombarded the state institution with angry phone calls and emails in a frenzy after the departure of singer Heeseung from the group.

2026-03-18

DP lawmakers aim at MBK in urge for NPS to 'sever ties with speculative investors'

With the National Pension Service poised to play a de facto casting vote at the upcoming annual shareholder meeting of Korea Zinc, Korean politicians are urging it to uphold its duty as a public fiduciary and safeguard corporate and labor interests.

2026-03-18

Pension service posts record investment gains of $161B on local bourse rally

The National Pension Service (NPS) posted record investment gains of 231.6 trillion won ($161 billion) in 2025, boosted by a sharp rally in Korean stocks that sent the local market soaring.

2026-02-27

Korea's pension service to boost domestic stock investments as local currency's weakness continues

The National Pension Service (NPS), one of Korea’s largest institutional investors, will increase its investments in domestic stocks and bonds this year while cutting back on foreign equity investments.

2026-01-26

Major pension reforms to increase contribution rates, benefits to take effect in 2026

Major reforms to the national pension system will take effect next year, including increases in both contribution rates and payout levels.

2025-12-29

Korea's forex crackdown on exporters raises concerns of gov't overreach

Experts warn that the government's move to “closely monitor” major exporters in case they hoard dollars may not only fail to achieve its goal but could also risk intervening in management decisions.

2025-12-12

Foreigners using NPS's 'buyback' system as longterm investment strategy

In Korea, some foreign residents are finding an unlikely investment opportunity in the country’s public pension system. By making lump-sum “buy-back” payments to cover years of missed contributions, they can secure lifetime monthly benefits.

2025-10-24

Korea plans to ease pension cuts for working older people and retired couples

The government plans to ease pension rules that reduce monthly benefits for older people who continue earning income after retirement. The policy that cuts basic pension benefits for married couples will also be scaled back.

2025-08-19

Some national pension contributions set to rise as new criterion take effect in July

A new national pension criterion will take effect starting in July, raising some subscribers' monthly contributions by up to 18,000 won ($13).

2025-06-29