DEFINITION of 'The Government Pension Investment Fund (Japan)'

The pension fund for Japanese public sector employees. The GPIF pension fund is the largest in the world, with approximately $1.3 trillion (122 trillion yen) in assets under management as of 2009. The GPIF contributes to the stability of the Employee's Pension Insurance and National Pension programs.

BREAKING DOWN 'The Government Pension Investment Fund (Japan)'

The GPIF invests in a mix of domestic and international stocks and bonds, as well as FILP bonds. A large amount of the GPIF's assets are invested with external money managers, who are selected and monitored by GPIF managers. Only a small portion of the assets in the domestic bond category are invested by in-house investment managers. The majority of the GPIF's assets are allocated to passive investment funds that seek to mirror the returns of a market index within each asset class.

RELATED TERMS
  1. Pension Fund

    A fund established by an employer to facilitate and organize ...
  2. Pensionable Service

    The period of service, expressed in a yearly figure, for which ...
  3. Guaranteed Minimum Pension - GMP

    Pensions earned while working in the United Kingdom's public ...
  4. Pension Adjustment Reversal - PAR

    A numerical calculation in certain Canadian pension plans that ...
  5. Pension Option

    A set of options that a pensioner has in regard to the handling ...
  6. Unfunded Pension Plan

    An employer managed retirement plan that uses the employer's ...
Related Articles
  1. Investing

    Japan's GPIF Likely To Post Record Loss

    Japans GPIF is likely to post a loss of $43 billion
  2. Retirement

    Pension Plans: Pain Or Pleasure?

    Employees have a love/hate relationship with this retirement option.
  3. Financial Advisor

    What are Pension Funds?

    A pension fund is a company-sponsored fund that provides income for employees in retirement.
  4. Managing Wealth

    How Pensions, Social Security Differ

    Both pensions and Social Security provide an income stream to retirees, but they differ widely on how they're structured and funded. Here's the lowdown.
  5. Retirement

    The Investing Risk Of Underfunded Pension Plans

    Determine the risk to a company's EPS and financial condition resulting from an underfunded pension plan.
  6. Financial Advisor

    Pension Advances: What You Should Be Wary Of

    The terms some pension advance firms require can be costly. Here's how to be sure your clients aren't making bad decisions.
  7. Financial Advisor

    How to Advise Clients with Frozen Pensions

    Financial advisors are on the front line in advising clients impacted by a frozen pension. Here's what they need to consider.
  8. Retirement

    New 401(k) Pension Rollover Rule: Pros and Cons

    Is the new rule allowing participants to roll their 401(k) balances into pensions a good idea?
  9. Retirement

    7 Signs Your Pension Fund Is In Trouble

    Even if you're lucky enough to have a pension plan, you can't assume it'll pay out.
  10. Retirement

    A Primer On Defined-Benefit Pension Plans

    Most of us will rely on a pension plan in the future, so it's best to know the details of the various plans before signing up.
RELATED FAQS
  1. How does a pension income drawdown work?

    Understand what a pension income drawdown plan is, and learn the current rules governing pension income drawdown plans in ... Read Answer >>
  2. How much of an institutional pension fund's portfolio is typically investing in real ...

    Learn what percentage of assets institutional pensions typically allocate to real estate investments. Read Answer >>
Hot Definitions
  1. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  2. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
  3. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  4. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  5. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  6. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
Trading Center