National Pension Service Archives | Page 5 of 5

NPS Set to Increase Its Presence Overseas, Especially in Asia

SEOUL, Oct. 13 (Korea Bizwire) – The National Pension Service is accelerating its investment overseas by establishing an office in Asia, either in Hong Kong or Singapore, by next year. Ahead of the relocation of its head office to Jeonju in the southwest, it is interpreted as a move to increase its presence in Asia. It will [...]

Koreans Much behind in Preparing for Aged Life

SEOUL, Korea, April 2 (Korea Bizwire) – While it is estimated that it costs an average of 1.37 million won (US$1,295) a month to sustain the minimum life for an aged couple, Korean are much behind in preparing for their post-retirement lives with little private pension plans or savings. According to a National Pension Service [...]