[단독] The national pension, missing the risk of Jeonju, 635 billion won

Kang Yong-Kik, head of the National Pension Fund Management Division, resigned from his post this year and joined Yeouido Finance Corporation in Seoul. After joining the headquarters, I took charge of inventory management. When I joined the company, I did not know how to stop so early. Salary accounted for only two-thirds of the private sector, but the pride of dealing with the three largest pension funds in the world was different.

The time of retirement was in February of last year before the Fund's headquarters. I lived with my wife and my wife on weekends. I had nothing but a break to get home on the weekends. The quality of life is too low. It was impossible to learn advanced funding and expand related networks. "I had the impression that something was degenerating.The investigation of the prosecution and the influence of the general manager have worsened the atmosphere of the company and the there was no reason to go further. "

The national pension is shaken by the imminent risk of transferring Jeonju to the governor of the National Pension Fund (CIO). Although there are excellent management teams, it is becoming increasingly difficult to recruit. 32 persons (278 persons) are vacant at the headquarters of the fund management. In particular, three of the eight executives and 24 team leaders (the management team) are vacant.

According to data of Kim Seon-rae, a member of the ruling Uri party, C & # 39; is the first time since the establishment of the fund management center in 1999. Last year, 27 executives left and 26 joined. In the past, there were many more people.

At the end of April, the national pension reserve amounted to 635 billion won, of which half, or 306 billion won, was invested in equities and bonds. You can see how important the operation is. The operation and retirement began in earnest in February 2008, before and after the transfer of Jeonbuk Jeonju to the headquarters of the fund management. In 2013 and 2014, only 7 and 9, respectively. 30 people in 2016, 27 people last year, and 16 people from January to July this year. I am more worried about the departure of senior management. In 2013, there were 0 people who left the company after eight years of employment. The following year, only two people. 2016 and 2017, respectively. It's three people this year.

As soon as another K, who was at the head of the New York office of the National Pension Service, went home, he resigned. He joined the company in 2004 and ran bonds overseas, before heading to the New York office in 2014. A KPA official said, "K did not want to work in Jeonju."

It is also difficult to draw an excellent work force. Recently, 201 applicants applied for 38 applications, but only 20 (53%) were not eligible. Last year, only 42% were filled. Before that, he reached 80 ~ 90%.

The shortage of manpower seems to be a drop in yields. The national pension fund's return on domestic equities rose 2.41% between January and April, 1.13 percentage points lower than the market (KOSPI). Market returns are the reference point set by the national pension.

[Kim Jae-ryeong] stated: "The release of personnel due to the transfer of Jeonju is so serious that it makes the operation of the organization difficult." It is urgent to rule out the controversy over the appointment of a CIO, he said.

Jae Jung Jung [email protected]