NPS faces staffing issues amid scandal, HQ shift

The decision to shift the headquarters of Korea's National Pension Service Investment Management (NPSIM) to a city that is a four-hour drive away from Seoul appears to be further damaging the employment appeal of the embattled retirement fund. By February 25, NPSIM will have moved its central office (see the new building below) to the newly constructed city of Hyukshindoshi in Jeonju, Jeolla province from the Gangnam area of Seoul, where it has been located since November 2005. Th…