Chairperson Jo Gyu-hong of the National Pension Fund Management Committee (Minister of Health and Welfare) said on the 17th, “We will actively support infrastructure expansion and other measures to diversify investments and enhance revenue of the National Pension Fund.”
Chairperson Jo attended the '2025 2nd National Pension Fund Management Committee' held at the Government Seoul Building in Gwanghwamun, Seoul, and noted, “As the fund size is expected to increase due to pension reform, the role of fund management has become even more important.”
Chairperson Jo said, “If the insurance premium rate is raised to 13% and the fund revenue is increased by 1 percentage point, the depletion point of the fund will be extended by 15 years from the existing 2056 to a maximum of 2071,” and added, “The maximum accumulation size is expected to grow from 1,882 trillion won to over 3,600 trillion won.”
Accordingly, the fund committee plans to reset the target revenue and target distribution ratio by asset class over the next five years. On this day, the fund committee received a report on the status of the '2026-2030 medium-term asset allocation plan' and decided to vote on it in the next meeting. The specific figures will be finalized based on the International Monetary Fund (IMF) economic growth projections.
Chairperson Jo stated, “Given the increasing uncertainty in domestic and international financial markets, I urge the fund management headquarters to closely respond to market changes and ensure that fund revenue is managed stably.”
The fund committee exchanged opinions on future discussion topics while receiving reports on the amendments to the National Pension Act announced on the 2nd of this month. Chairperson Jo noted, “I will focus our capabilities on implementing follow-up measures to ensure that the amended National Pension Act is implemented without a hitch, including updating subordinate regulations and enhancing communication with the public.”