State pension fund hits worst profit ratio in 2022

State pension fund hits worst profit ratio in 2022

A visitor (showing his back) consults with an official at a National Pension Service (NPS) office in Seoul on March 2, 2023. The NPS said its pension operating profit ratio recorded an all-time low of minus 8.22 percent last year, due to the instability of the global financial market driven by the COVID-19 pandemic and the Russian invasion of Ukraine. (Yonhap)

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