Sep. 1987

Established the National Pension Corporation

Jan. 1988

Implemented the national pension system (Limited to workplaces with 10 or more full-time employees)

Jan. 1992

Compulsory coverage included workplaces with five or more full-time employees

July 1995

Compulsory coverage was extended to farmers and fishermen in rural areas

Apr. 1999

Compulsory coverage expanded to majority population in Korea (compulsory coverage in urban areas)

July 2003 ~ July 2006

Gradually expanded compulsory coverage to corporations and workplaces with less than five full-time employees

May 2009

Commenced the Retirement Planning Service

Jan. 2011

Consigned the affairs in relation to collection of contribution to the National Health Insurance Service (NHIS)

Apr. 2011

Implemented a system for assessment and registration of the disabled (all levels), in accordance with the Welfare of Disabled Persons Act

Oct. 2011

Commenced support programs for the disabled

Dec. 2012

Determined the scope of income of an insured under the National Basic Living Security Act

July. 2014

Support for the Basic Pension operation

Jun. 2015

NPS headquaters relocation to Jeonju

Dec. 2015

Implementation of Retirement Planning Service

Feb. 2017

NPSIM relocation to Jeonju

July. 2018

Adopted the Stewardship Code for National Pension Fund

July. 2019

Abolished “disability ratings” in shift to “disability levels”