The Government Employees Pension Service (GEPS) said Tuesday it received an "Excellent" rating in the 2025 Fiscal Year Fund Management Evaluation conducted by the Ministry of Planning and Budget.
As of the end of 2025, GEPS's medium- to long-term assets, including domestic and overseas equities, bonds and alternative investments, totaled approximately 10 trillion won, with an overall return of 17.4% on a time-weighted basis. In domestic equities, the fund posted a return of 95% on a time-weighted basis, marking the highest level since the agency's establishment.
The fund management evaluation is conducted annually under the National Finance Act to enhance the efficiency and transparency of fund management and promote institutional improvements. An evaluation panel composed of private-sector experts comprehensively reviews each fund's asset management framework and performance. Of the 24 funds assessed this year, nine pension funds, including the Government Employees Pension Fund, received an "Excellent" rating.
In this evaluation, the Government Employees Pension Fund earned an "Excellent" rating for the third consecutive year, recognized for improvements in its asset management framework, including enhancing the appropriateness of its dedicated asset management organization.
GEPS said it has "enhanced the stability and profitability of fund management through improved performance from restructuring its domestic equity management system, expansion of external management to ease internal management concentration, and increased allocation to overseas and alternative investments along with investment diversification."
"This 'Excellent' rating is the result of the joint efforts of executives and staff to enhance the professionalism and transparency of fund management," GEPS Chairman Kim Dong-keuk said. "We will continue to do our best to become a public pension fund that earns greater trust from the public and our clients through thorough risk management and systematic fund management."
