National Pension Service Rebalancing. Demand for a Parliamentary Investigation

Statement from the Chairman of the National Pension Service:
"If the NPS had rebalanced its domestic stock holdings,"
"it would have had to sell 800 billion won worth of stocks per day,"
"and if it had done so, it would have caused a major shock to the domestic stock market."
But wait a minute?
The NPS is an institution meant to maximize its funds
to take responsibility for the citizens' retirement.
Since when did it become an institution
that worries about the decline of the domestic stock market?
Is the NPS a stock market stimulus agency?


People Power Party
Demanding a parliamentary investigation
regarding this National Pension Service rebalancing incident.



NPS valuation decreased by 180 trillion won
Loss of 8.3 million won per citizen


The principle is that the NPS domestic stock ratio
must not exceed 14.9%,
but the regulation was quietly changed to 20.8%.

The problem is that the NPS domestic stock holding ratio
is currently 24.9%, which exceeds even the
upgraded regulation by 4.1%.
They will have to sell an additional 4.1% of domestic stocks in the future.

"If you change principles based on your mood or situation,
it is no longer a principle."
John C. Maxwell