The National Pension Fund Management Committee held its 7th meeting of 2025 at the Government Complex Seoul on December 15. The meeting reviewed and approved the extension of the temporary strategic currency hedging period and the plan for setting the target excess return rate.
The committee approved the extension of the temporary strategic currency hedging period until 2026. This follows the previous extension made in December last year to mitigate currency losses due to the stabilization of the exchange rate after a sharp rise.
The committee also reviewed and approved the plan for setting the target excess return rate. The target excess return rate is the goal rate that the fund management headquarters must achieve beyond the benchmark return rate, and the cumulative target excess return rate for 2022-2026 was set at 0.248%p.
Minister of Health and Welfare Jung Eun-kyung expressed gratitude to the committee members and staff for their efforts to improve fund returns in a challenging financial environment and emphasized the need to protect the profitability of the National Pension Fund while harmonizing its long-term impact on the market.