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Fund Status

As a reserve fund of the National Pension Plan, the National Pension Fund is determined by subtracting pension benefits and general & administrative expenses from pension contributions, investment income, etc.

Fund Status

(in billion won, as of end-Apr 2022)
Fund Status
Cumulative 2022 2021 2020 2019 2018 2017
Revenues 1,002,766 27,076 91,551 69,387 64,197 59,762 57,936
Contributions 699,376 18,203 53,540 51,217 47,800 44,374 41,785
Investment Income 302,668 8,867 38,000 18,163 16,382 15,378 16,142
Government subsidy, etc. 722 6 12 6 15 10 9
Expenses 275,805 11,128 29,875 26,359 23,433 21,396 19,707
Pension Benefits 265,418 10,863 29,137 25,654 22,764 20,753 19,084
General and
administrative Expenses
10,215 263 729 697 660 635 615
Operating Expenses for Welfare Facilities 172 2 9 8 8 8 8
Increase 726,961 15,948 61,676 43,027 40,764 38,366 38,229
Reserve Fund(purchase price) 726,961 726,961 711,013 649,336 606,309 565,544 527,179
Note:
1. Cash basis accounting is used for financial records above, including revenues, expenses and reserve funds.
2. Government subsidy, etc. above includes government subsidy, surplus and security deposits for buildings owned by NPS.
3. General and administrative expenses above include administrative fees and operating expenses for pension services.
4. The figures above might not add up due to rounding.