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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-Jan 2025)| Cumulative | 2025 | 2014 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Revenues (A) | 1,246,132 | 6,732 | 99,460 | 82,293 | 81,957 | 91,551 | 69,387 |
| Contributions | 862,304 | 5,107 | 61,739 | 58,370 | 55,914 | 53,540 | 51,217 |
| Investment Income | 383,078 | 1,622 | 37,709 | 23,913 | 26,034 | 38,000 | 18,163 |
| Government subsidy, etc. | 750 | 4 | 12 | 11 | 8 | 12 | 6 |
| Expenses (B) | 387,951 | 4,041 | 44,538 | 39,873 | 34,821 | 29,875 | 26,359 |
| Pension Benefits | 375,296 | 3,975 | 43,705 | 39,040 | 34,020 | 29,137 | 25,654 |
| General and administrative Expenses |
12,459 | 66 | 824 | 824 | 792 | 729 | 697 |
| Operating Expenses for Welfare Facilities | 196 | 0 | 9 | 9 | 9 | 9 | 8 |
| Increase (A-B) | 858,181 | 2,691 | 54,921 | 42,420 | 47,136 | 61,676 | 43,027 |
| Reserve Fund (purchase price) |
858,181 | 858,181 | 855,490 | 800,569 | 758,149 | 711,013 | 649,336 |
Note:
- Cash basis accounting is used for financial records above, including revenues, expenses and reserve funds.
- Government subsidy, etc. above includes government subsidy, surplus and security deposits for buildings owned by NPS.
- General and administrative expenses above include administrative fees and operating expenses for pension services.
- The figures above might not add up due to rounding.