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National Pension Fund has been established to secure financial resources to pay back pension benefits for the insured such as Old-age Pension, Survivor Pension, and Disability Pension.
Jan. 1988 | National Pension Fund established under the National Pension Act |
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Jul. 1994 | Deposits initated in the Public Capital Management Fund |
Oct. 1994 | Loan business launched for the Private Childcare Facilities Fund |
Oct. 1995 | Loan business launched for the Senior Citizen Welfare Facilities Fund |
May. 1998 | Loan business launched for the Fund for the livelihood of the unemployed during IMF economic crisis |
Nov. 1999 | Fund management structure reorganized through establishment of the Fund Management Center |
Jan. 2000 | Outsourcing of domestic stock investment initiated |
Mar. 2002 | Investment in venture capital commenced |
Dec. 2002 | Outsourcing of overseas stock investment initiated |
Mar. 2003 | Lending program for domestic bonds implemented |
May. 2003 | Fund reserves reach KRW 100 trilllion |
Dec. 2003 | Investment in corporate restructuring funds commenced |
Jul. 2004 | Outsourcing of domestic fixed income investment initiated |
Jun. 2005 | Outsourcing of overseas fixed income investment and foreign securities lending commenced |
Sep. 2005 | Fund reserves reach KRW 150 trillion |
Jan. 2006 | Overseas Investment Team launched |
Jan. 2007 | Fund Management Center reorganized(establishing the Public market division, Institutional Networks &Communications, Compliance Officer, IT Team) |
May. 2007 | Fund reserves reach KRW 200 trillion |
Dec. 2009 | Commenced in-house management for overseas fixed income |
Jan. 2010 | Reorganized the Fund Management Center(Separating Compliance Officer from the Center) |
Jul. 2010 | Fund reserves reach KRW 300 trillion |
Feb. 2011 | Reorganized the Fund Management Center(Reinforcing overseas investment divisions and separating domestic investment divisions by asset class) |
July 2011 | Launched a New York Office |
Jan. 2012 | Reorganized the Fund Management Center(Reinforcing Investment Operation division) |
July 2012 | Launched a London Office |