Fund Governance

In light of the importance of fiduciary responsibilities for insured persons and beneficiaries, the fund management is governed by the National Pension Act. Accordingly, the fund is administered by the Minister of Health and Welfare who serves all the national pension programs, as its policies are approved by the National Pension Fund Management Committee(‘Fund Management Committee’) which represents balance between employees, management, and citizens as the highest governing body of the fund management.


Meanwhile, the fund is managed solely by the National Pension Service which runs the Fund Investment Office in order to enhance the effectiveness and efficiency on implementation of investment polices. Therefore, we manage the fund with latitude under commitment by the minister.