National Pension Service (NPS)

The National Pension Service (NPS) was established in 1987 to help secure the retirement benefits of Korean citizens with income security, thereby promoting national welfare in the case of retirement, disability or death. The national pension scheme is now available to all employees, employers, and the self-employed. The NPS has broadened its operation scope to include retirement planning and welfare services for the disabled, in addition to its basic services, such as contributors’ pension history management, contribution-imposing, and benefits payment. The NPS has grown to become a truly “comprehensive welfare service provider” in Korea. The NPS’ presence has been further solidified by the National Pension Fund’s growth to the world’s third largest in scale. The Fund Investment Office is enhancing the profitability and stability of its investment portfolio through systematic and efficient fund management with its investment professionals. The NPS established a new mission and management objectives, under the slogan “Happiness+ NPS 2025,” to prepare for its next phase of growth. Through the mission of NPS, we will commit ourselves to provide an essential foundation of post-retirement security for all Koreans.