Top 300 World’s Largest Pension Funds, 2012



The following data are as of end 2011. Two (2) Malaysia’s pension funds namely Employees Provident Funds (EPF) and Kumpulan Wang Persaraan (KWAP) listed in top 300 world’s largest pension funds.

EPF drop 1 spot from number 9 in 2011 to number 10 in 2012 with total assets grew from $146 billion to $154 billion.

KWAP, Malaysian second largest pension fund is at number 130 up to nine spots from 139 in 2011. Total assets grow from $22 billion to $25 billion.

The table below is the full top 300 World’s Largest Pension Funds for 2012.

Rank Fund Country Total Assets
1 Government Pension Investment Japan $1,394,873
2 Government Pension Fund Norway $575,527
3 ABP Netherlands $320,356
4 National Pension Korea $313,981
5 Federal Retirement Thrift U.S. $281,359
6 California Public Employees U.S. $220,638
7 Local Government Officials Japan $199,549
8 Central Provident Fund Singapore $159,789
9 Canada Pension Canada $158,669
10 Employees Provident Fund Malaysia $153,890
11 PFZW Netherlands $150,479
12 California State Teachers U.S. $139,534
13 National Social Security China $136,665
14 New York State Common U.S. $133,833
15 New York City Retirement U.S. $130,729
16 ATP Denmark $121,625
17 Florida State Board U.S. $120,841
18 Pension Fund Association Japan $118,358
19 Ontario Teachers Canada $114,825
20 GEPF South Africa $112,053
21 National Public Service Japan $104,990
22 General Motors U.S. $104,590
23 Texas Teachers U.S. $101,630
24 National Wealth Fund Russia $86,907
25 Fondo de Reserva de la Seguridad Social Spain $85,250
26 IBM U.S. $84,657
27 Previ Brazil $83,467
28 Boeing U.S. $80,192
29 New York State Teachers U.S. $79,184
30 Wisconsin Investment Board U.S. $76,497
31 Public School Employees Japan $75,803
32 North Carolina U.S. $75,345
33 Future Fund Australia $74,349
34 AT&T U.S. $73,798
35 Ohio Public Employees U.S. $70,395
36 Alecta Sweden $70,372
37 New Jersey U.S. $68,485
38 Bayerische Versorgungskammer Germany $66,952
39 Washington State Board U.S. $63,083
40 BT Group U.K. $59,565
41 Ohio State Teachers U.S. $59,367
42 General Electric U.S. $58,639
43 Employees’ Provident India $57,957
44 Organization for Workers Japan $57,008
45 Oregon Public Employees U.S. $55,819
46 Royal Dutch Shell Netherlands $54,481
47 Ontario Municipal Employees Canada $54,014
48 Public Institute for Social Security Kuwait $53,867
49 Metaal tech. Bedrijven Netherlands $52,943
50 Michigan Retirement U.S. $52,517
51 Universities Superannuation U.K. $52,392
52 Virginia Retirement U.S. $51,143
53 California University U.S. $49,346
54 Ford Motor U.S. $48,713
55 PFA Pension Denmark $48,585
56 Georgia Teachers U.S. $48,130
57 Minnesota State Board U.S. $47,754
58 Royal Mail U.K. $47,516
59 Pennsylvania School Empl. U.S. $47,379
60 Lockheed Martin U.S. $47,300
61 AMF Pension Sweden $46,523
62 Massachusetts PRIM U.S. $45,576
63 FRR France $45,455
64 Lloyds TSB Group U.K. $44,554
65 Electricity Supply Pension U.K. $44,454
66 Verizon U.S. $44,298
67 Labor Pension Fund Taiwan $43,538
68 AustralianSuper Australia $43,448
69 Private Schools Employees Japan $42,622
70 Bouwnijverheid Netherlands $42,459
71 Public Service Pension Plan Canada $41,489
72 Quebec Government & Public Canada $41,255
73 Varma Finland $41,248
74 Healthcare of Ontario Canada $39,539
75 Alcatel-Lucent U.S. $38,865
76 Royal Bank of Scotland Group U.K. $38,770
77 AFP Provida Chile $38,651
78 Colorado Employees U.S. $38,282
79 United Nations Joint Staff U.S. $38,121
80 Keva Finland $37,612
81 PME Netherlands $37,398
82 Ilmarinen Finland $35,593
83 Los Angeles County Empl. U.S. $35,503
84 Bundes Pensionskasse Switzerland $35,216
85 Tennessee Consolidated U.S. $35,187
86 Quebec Pension Canada $34,551
87 Maryland State Retirement U.S. $34,298
88 Northrop Grumman U.S. $34,163
89 QSuper Australia $34,079
90 AFP Habitat Chile $33,936
91 United Parcel Service U.S. $33,629
92 Illinois Teachers U.S. $33,465
93 Barclays Bank U.K. U.K. $33,290
94 Bank of America U.S. $32,736
95 United Technologies U.S. $32,098
96 AP Fonden 3 Sweden $32,000
97 First State Super Australia $31,388
98 Sampension Denmark $31,311
99 Petros Brazil $31,100
100 AP Fonden 2 Sweden $30,840
101 AP Fonden 1 Sweden $30,516
102 State Super Australia $30,364
103 British Airways U.K. $30,160
104 Teamsters, Western Conf. U.S. $30,113
105 AP Fonden 4 Sweden $29,994
106 Exxon Mobil U.S. $29,300
107 AFP Capital Chile $29,297
108 Banamex Mexico $29,262
109 BVV Germany $29,109
110 British Coal Pension Schemes U.K. $29,055
111 UniSuper Australia $28,592
112 Wells Fargo U.S. $28,498
113 Arizona State Retirement U.S. $27,800
114 B.C. Municipal Canada $27,493
115 National Pension Association Japan $27,461
116 Railways Pensions U.K. $27,368
117 AFP Cuprum Chile $27,295
118 Missouri Public Schools U.S. $26,732
119 HSBC Bank U.K. $26,604
120 Pennsylvania Employees U.S. $26,534
121 ING St. Psf. Netherlands $26,000
122 Indiana Public Retirement U.S. $25,708
123 FUNCEF Brazil $25,551
124 Nippon Telegraph & Telephone Japan $25,415
125 Alabama Retirement U.S. $25,344
126 Mitsubishi UFJ Financial Japan $25,314
127 Bancomer Mexico $25,077
128 National Grid U.K. $24,893
129 South Carolina Retirement U.S. $24,875
130 Retirement Fund-KWAP Malaysia $24,863
131 Illinois Municipal U.S. $24,805
132 Hewlett-Packard U.S. $24,513
133 Raytheon U.S. $24,240
134 Chrysler Group U.S. $24,198
135 Texas Employees U.S. $23,909
136 Zilverfond Belgium $23,812
137 CSC Australia $23,606
138 BP U.K. $23,587
139 XXI Mexico $23,213
140 Bae Systems Pension Scheme U.K. $23,198
141 Nevada Public Employees U.S. $23,162
142 Sura Mexico $22,990
143 J.P. Morgan Chase U.S. $22,868
144 PensionISSSTE Mexico $22,787
145 Kaiser U.S. $22,718
146 FedEx U.S. $22,567
147 Chevron U.S. $22,517
148 DuPont U.S. $22,511
149 Connecticut Retirement U.S. $22,404
150 Panasonic Japan $22,206
151 National Railroad U.S. $22,172
152 BVK des Kantons Zurich Switzerland $22,151
153 UBS Switzerland $21,937
154 Utah State Retirement U.S. $21,866
155 Iowa Public Employees U.S. $21,440
156 Honeywell U.S. $21,080
157 PensionDanmark Denmark $21,030
158 Rabobank Netherlands $20,989
159 Nestle Switzerland $20,780
160 Unilever U.K. $20,777
161 REST Australia $20,690
162 BASF Germany $20,166
163 VBL Germany $19,943
164 National Pensions Reserve Ireland $19,555
165 ABN AMRO Netherlands $19,453
166 Mississippi Employees U.S. $19,372
167 State Farm U.S. $19,301
168 Citigroup U.S. $19,236
169 Local Authorities Pension Board Canada $19,235
170 Pfizer U.S. $19,218
171 Profuturo GNP Mexico $19,132
172 AkzoNobel U.K. $18,913
173 Novartis Switzerland $18,826
174 HESTA Australia $18,470
175 Alaska Retirement U.S. $18,385
176 Procter & Gamble U.S. $18,367
177 B.C. Public Service Canada $18,310
178 3M U.S. $18,302
179 Sunsuper Australia $18,189
180 Phillips Netherlands $18,060
181 Migros-Genossenschafts-Bund Switzerland $17,881
182 Texas Municipal Retirement U.S. $17,847
183 State Pension Finland $17,788
184 Cbus Australia $17,591
185 British Steel Pension Scheme U.K. $17,552
186 Strathclyde Pension Fund U.K. $17,531
187 Zenkoku Shinyo Kinko Japan $17,528
188 Dow Chemical U.S. $17,524
189 Shell Oil U.S. $17,505
190 Industriens Pension Denmark $17,481
191 American Airlines U.S. $17,386
192 Aviva U.K. $17,294
193 Delta Air Lines U.S. $17,244
194 Mizuho Financial Group Japan $16,923
195 Texas County & District U.S. $16,819
196 Prudential U.S. $16,752
197 Hitachi Japan $16,734
198 B.C. Teachers Canada $16,571
199 Teamsters, Central States U.S. $16,571
200 Toyota Motor Japan $16,393
201 Greater Manchester U.K. $16,341
202 Government Pension Thailand $16,340
203 ESSSuper Australia $16,318
204 Deutsche Bank Germany $16,309
205 Johnson & Johnson U.S. $16,126
206 Bell Canada Canada $16,066
207 San Francisco City & County U.S. $15,961
208 Siemens Germany $15,940
209 Public Sector Pension Fund Taiwan $15,911
210 United Methodist Church U.S. $15,833
211 Caterpillar U.S. $15,526
212 CenturyLink U.S. $15,382
213 Canada Post Canada $15,128
214 Ontario Pension Board Canada $15,109
215 SBB Pensionskasse Switzerland $14,959
216 Labor Insurance Fund Taiwan $14,916
217 Zurich Financial Services Switzerland $14,902
218 Aviva OFE Poland $14,867
219 World Bank U.S. $14,856
220 Sygeplejersker Denmark $14,846
221 Grafische Bedrijven Netherlands $14,815
222 PG&E U.S. $14,753
223 Rolls-Royce U.K. $14,712
224 Exelon U.S. $14,619
225 Hydro-Quebec Canada $14,608
226 Credit Suisse Switzerland $14,572
227 PK Post Switzerland $14,498
228 Spoorwegpensioenfonds Netherlands $14,482
229 Canadian National Railways Canada $14,433
230 Wal-Mart Stores U.S. $14,385
231 Laegernes Pensionskasse Denmark $14,225
232 BBC U.K. $14,217
233 PepsiCo U.S. $14,198
234 City of Zurich Switzerland $14,143
235 GlaxoSmithKline U.K. $14,093
236 Porvenir Colombia $14,060
237 AP Fonden 7 Sweden $13,987
238 Daimler Germany $13,890
239 General Dynamics U.S. $13,741
240 Magistrenes Pensionskasse Denmark $13,605
241 Super SA Australia $13,589
242 National Electric U.S. $13,586
243 Kentucky Teachers U.S. $13,470
244 OPSEU Canada $13,434
245 Illinois State Universities U.S. $13,432
246 West Yorkshire U.K. $13,369
247 Los Angeles Fire & Police U.S. $13,229
248 Illinois State Board U.S. $13,210
249 Telmex Mexico $13,195
250 Merck U.S. $13,191
251 Baden-Wurttembergische Germany $13,140
252 Government Service Insurance Philippines $13,138
253 Allianz Germany $13,126
254 BP America U.S. $13,063
255 Protección Colombia $13,055
256 West Midlands Metropolitan U.K. $12,982
257 Nordrheinische Ärzteversorgung Germany $12,815
258 Georgia Employees U.S. $12,787
259 Federal Reserve Employees U.S. $12,751
260 Deere U.S. $12,677
261 Quebec Construction Industry Canada $12,482
262 New Zealand Superannuation New Zealand $12,426
263 GESB Australia $12,324
264 Louisiana Teachers U.S. $12,287
265 International Paper U.S. $12,185
266 Fujitsu Japan $12,176
267 RWE Germany $12,145
268 MetLife U.S. $12,122
269 New York State Def. Comp. U.S. $12,067
270 ConocoPhillips U.S. $11,956
271 Tapiola Mutual Pension Ins. Finland $11,954
272 Kansas Public Employees U.S. $11,868
273 Fonds de Comp.Securite Sociale Luxembourg $11,785
274 Verboer Netherlands $11,749
275 Arkansas Teachers U.S. $11,708
276 Air Canada Canada $11,676
277 Sumitomo Mitsui Financial Group Japan $11,639
278 Tokyo Municipal Government Japan $11,582
279 Teachers’ Pension Korea $11,558
280 Telstra Super Australia $11,546
281 Eastman Kodak U.S. $11,526
282 FEFSS Portugal $11,489
283 Siemens (USA) U.S. $11,474
284 United Continental Holdings U.S. $11,435
285 Hoffman La Roche Switzerland $11,347
286 New Mexico Public Empl. U.S. $11,321
287 Principal Mexico $11,263
288 Kraft Foods U.S. $11,208
289 Banco Santander (U.K.) U.K. $11,002
290 Ohio Police & Fire U.S. $10,995
291 Idaho Public Employees U.S. $10,978
292 Southern Co. U.S. $10,960
293 Abbott Laboratories U.S. $10,847
294 Los Angeles City Employees U.S. $10,816
295 Intel U.S. $10,802
296 NPF Gazfond Russia $10,771
297 Alcoa U.S. $10,707
298 Toshiba Japan $10,689
299 Prudential Staff U.K. $10,642
300 AerzteVersorgung Westfalen Lippe Germany $10,510


Source : Towers Watson


Leave a Comment

  • ChampDog 12th November, 2012, 9:52 pm

    In it’s own currency I assume?

    Reply
    • 1mdb.com 12th November, 2012, 10:50 pm

      All figures are in US Dollar 🙂

      Reply
  • Yan Cheng Cheok 22nd November, 2012, 4:53 pm

    Orang Malaysia kaya betul jugak

    Reply