September 07, 2009 01:00 AM

Table: The world's largest retirement funds

Rank	Fund	Country	Total assets
Ranked by total assets, in millions of U.S. dollars. U.S. fund data are from the P&I 1,000, published Jan. 26, 2009; unless otherwise noted, Japan fund data are as of March 31, 2009, Australia fund data are as of June 30, 2008, and all other fund data are as of Dec. 31, 2008.
1	Government Pension Investment1	Japan	$1,284,612
2	Government Pension Fund	Norway	$339,149
3	ABP	Netherlands	$243,071
4	California Public Employees	U.S.	$214,556
5	Federal Retirement Thrift	U.S.	$210,609
6	National Pension	Korea	$190,352
7	Local Government Officials2	Japan	$176,397
8	Postal Savings Fund	Taiwan	$154,160
9	California State Teachers	U.S.	$147,185
10	New York State Common	U.S.	$138,425
11	Pension Fund Association2	Japan	$129,542
12	Florida State Board	U.S.	$118,673
13	General Motors	U.S.	$110,334
14	ATP	Denmark	$110,202
15	New York City Retirement	U.S.	$107,304
16	Central Provident Fund	Singapore	$105,338
17	PFZW	Netherlands	$99,532
18	Employees Provident Fund	Malaysia	$98,844
19	National Public Service2	Japan	$98,045
20	Texas Teachers	U.S.	$95,982
21	AT&T	U.S.	$89,563
22	New York State Teachers	U.S.	$88,487
23	Canada Pension	Canada	$86,717
24	National Social Security3	China	$82,397
25	Fondo de Reserva Seguridad	Spain	$79,753
26	IBM	U.S.	$78,858
27	Public School Employees2	Japan	$77,337
28	Wisconsin Investment Board	U.S.	$74,544
29	GEPF4	South Africa	$74,365
30	New Jersey	U.S.	$71,842
31	Ontario Teachers	Canada	$71,825
32	North Carolina	U.S.	$70,525
33	General Electric	U.S.	$70,250
34	Ohio Public Employees	U.S.	$69,619
35	Boeing	U.S.	$68,999
36	Ohio State Teachers	U.S.	$62,904
37	Washington State Board	U.S.	$61,538
38	Bayerische Versorgungskammer	Germany	$58,647
39	Michigan Retirement	U.S.	$57,195
40	Oregon Public Employees	U.S.	$55,304
41	Pennsylvania School Employees	U.S.	$54,666
42	Verizon	U.S.	$51,846
43	Alecta	Sweden	$50,490
44	Virginia Retirement	U.S.	$50,434
45	Previ	Brazil	$50,365
46	Ford Motor	U.S.	$48,789
47	Organization for Workers2	Japan	$48,455
48	University of California	U.S.	$47,131
49	Georgia Teachers	U.S.	$46,642
50	Minnesota State Board	U.S.	$46,519
51	Massachusetts PRIM	U.S.	$45,362
52	Future Fund	Australia	$45,193
53	Lockheed Martin	U.S.	$43,758
54	BT Group6	U.K.	$42,782
55	Alcatel-Lucent	U.S.	$41,329
56	Employees' Provident2	India	$41,089
57	PFA Pension	Denmark	$39,202
58	Metaal/Tech. Bedrijven6	Netherlands	$38,231
59	FRR	France	$37,884
60	Private Schools Employees2	Japan	$37,809
61	Royal Bank of Scotland Group7	U.K.	$37,539
62	Colorado Public Employees	U.S.	$36,612
63	Ontario Municipal Employees	Canada	$35,716
64	United Nations Joint Staff	U.S.	$35,435
65	Los Angeles County Employees	U.S.	$35,224
66	Varma	Finland	$34,303
67	AMF Pension	Sweden	$34,227
68	Illinois Teachers	U.S.	$34,108
69	Bouwnijverheid	Netherlands	$33,745
70	Electricity Supply Pension2	U.K.	$32,763
71	Maryland State Retirement	U.S.	$32,683
72	Northrop Grumman	U.S.	$31,890
73	British Coal Pension Schemes8	U.K.	$31,598
74	Universities Superannuation2	U.K.	$31,405
75	Pennsylvania State Employees	U.S.	$31,144
76	Teamsters, Western Conference	U.S.	$30,280
77	Tennessee Consolidated	U.S.	$30,253
78	PME	Netherlands	$30,175
79	Royal Mail6	U.K.	$29,253
80	Bank of America	U.S.	$28,500
81	Bundes Pensionskasse	Switzerland	$28,314
82	Quebec Government & Public	Canada	$28,106
83	BVV	Germany	$28,093
84	Exxon Mobil	U.S.	$28,000
85	Local Government Pensions	Finland	$27,636
86	Alabama Retirement	U.S.	$27,593
87	United Technologies	U.S.	$27,501
88	Royal Dutch Shell5	Netherlands	$27,468
89	Chrysler	U.S.	$26,558
90	Ilmarinen	Finland	$26,531
91	Kommunernes	Denmark	$26,444
92	National Pension Association2	Japan	$25,683
93	National Railroad	U.S.	$25,346
94	Labor Pension Fund	Taiwan	$25,113
95	Missouri Public Schools	U.S.	$24,612
96	AFP Provida8	Chile	$24,530
97	Utah State Retirement	U.S.	$24,506
98	South Carolina Retirement	U.S.	$24,480
99	DuPont	U.S.	$24,359
100	State Super	Australia	$24,107
101	United Parcel Service	U.S.	$23,609
102	Arizona State Retirement	U.S.	$23,590
103	Connecticut Retirement	U.S.	$23,568
104	Raytheon	U.S.	$22,797
105	AP Fonden 3	Sweden	$22,565
106	Hospitals of Ontario	Canada	$21,960
107	Texas Employees	U.S.	$21,944
108	National Pensions Reserve6	Ireland	$21,591
109	AP Fonden 2	Sweden	$21,551
110	AP Fonden 1	Sweden	$21,541
111	Quebec Pension6	Canada	$21,311
112	Citigroup	U.S.	$21,228
113	Teamsters, Central States	U.S.	$21,212
114	AP Fonden 4	Sweden	$20,850
115	Railways Pensions	U.K.	$20,807
116	Iowa Public Employees	U.S.	$20,649
117	Nevada Public Employees	U.S.	$20,592
118	Illinois Municipal	U.S.	$20,567
119	Nippon Telegraph & Telephone	Japan	$20,566
120	Australian Super	Australia	$20,316
121	Public Service Pension Plan	Canada	$20,123
122	Hewlett-Packard	U.S.	$20,113
123	Mitsubishi UFJ Financial7	Japan	$20,038
124	Lloyds TSB Group7	U.K.	$19,958
125	J.P. Morgan Chase	U.S.	$19,888
126	Barclays Bank U.K.	U.K.	$19,730
127	Chevron	U.S.	$19,419
128	AFP Habitat8	Chile	$19,359
129	Honeywell	U.S.	$18,948
130	Mississippi Public Employees	U.S.	$18,815
131	Dow Chemical	U.S.	$18,667
132	ING St. Psf.7	Netherlands	$18,650
133	Zilverfond9	Belgium	$18,565
134	BP	U.K.	$18,239
135	Philips	Netherlands	$18,143
136	B.C. Municipal	Canada	$18,051
137	UBS	Switzerland	$17,804
138	Banamex	Mexico	$17,799
139	AFP Capital8	Chile	$17,793
140	British Airways6	U.K.	$17,789
141	National Grid6	U.K.	$17,760
142	State Farm	U.S.	$17,463
143	Alaska Retirement	U.S.	$17,377
144	QSuper	Australia	$17,344
145	Siemens8	Germany	$17,218
146	Petros	Brazil	$17,142
147	Procter & Gamble	U.S.	$17,100
148	Rabobank	Netherlands	$17,031
149	BVK des Kantons Zurich	Switzerland	$16,972
150	FedEx	U.S.	$16,918
151	Kaiser	U.S.	$16,893
152	Shell Oil	U.S.	$16,831
153	American Airlines	U.S.	$16,664
154	Unilever7	U.K.	$16,352
155	UniSuper	Australia	$16,345
156	BAE Systems Pension Scheme	U.K.	$16,264
157	3M	U.S.	$16,241
158	Wells Fargo	U.S.	$16,164
159	Novartis7	Switzerland	$16,065
160	Retirement Fund-KWAP6	Malaysia	$15,981
161	San Francisco City & County	U.S.	$15,943
162	Nestle7	Switzerland	$15,914
163	Panasonic	Japan	$15,571
164	RWE7	Germany	$15,390
165	AFP Cuprum8	Chile	$15,309
166	Bancomer	Mexico	$15,100
167	HSBC Bank	U.K.	$14,865
168	United Methodist Church	U.S.	$14,754
169	AkzoNobel	U.K.	$14,623
170	Prudential	U.S.	$14,562
171	State Pension	Finland	$14,448
172	Texas County & District	U.S.	$14,389
173	British Steel Pension Scheme2	U.K.	$14,314
174	Texas Municipal Retirement	U.S.	$14,121
175	SBA Artsenpensioenfondsen	Netherlands	$14,101
176	BP America	U.S.	$14,100
177	FUNCEF	Brazil	$14,011
178	Indiana Public Employees	U.S.	$13,969
179	Georgia Employees	U.S.	$13,964
180	Zenkoku Shinyo Kinko	Japan	$13,867
181	World Bank	U.S.	$13,800
182	Migros-Genossenschafts-Bund	Switzerland	$13,768
183	Illinois State Universities	U.S.	$13,691
184	ABN AMRO7	Netherlands	$13,240
185	Los Angeles Fire & Police	U.S.	$13,219
186	Caterpillar	U.S.	$13,218
187	Spoorwegpensioenfonds	Netherlands	$13,209
188	Wachovia	U.S.	$13,188
189	Kentucky Teachers	U.S.	$13,181
190	Louisiana Teachers	U.S.	$13,050
191	Illinois State Board	U.S.	$12,930
192	Delphi	U.S.	$12,911
193	PensionDanmark	Denmark	$12,780
194	National Electric	U.S.	$12,600
195	Johnson & Johnson	U.S.	$12,596
196	Eastman Kodak	U.S.	$12,500
197	Pfizer	U.S.	$12,479
198	Tokyo Municipal Government2	Japan	$12,420
199	ING	Mexico	$12,382
200	Hitachi7	Japan	$12,376
201	General Dynamics	U.S.	$12,333
202	PSS/CSS	Australia	$12,274
203	Daimler	Germany	$12,273
204	Deutsche Bank7	Germany	$12,216
205	ESSSuper	Australia	$12,187
206	VBL9	Germany	$12,024
207	Nordrheinische Arzteversorgung9	Germany	$12,017
208	Ontario Pension Board	Canada	$12,000
209	PG&E	U.S.	$11,974
210	ConocoPhillips	U.S.	$11,868
211	Kentucky Retirement	U.S.	$11,700
212	Grafische Bedrijven	Netherlands	$11,690
213	B.C. Teachers	Canada	$11,650
214	Exelon	U.S.	$11,645
215	Kansas Public Employees	U.S.	$11,641
216	FEFSS	Portugal	$11,635
217	Deere	U.S.	$11,617
218	Industriens Pension	Denmark	$11,398
219	Qwest	U.S.	$11,344
220	Greater Manchester6	U.K.	$11,316
221	Baden-Wurttembergische	Germany	$11,286
222	Government Pension Fund6	Thailand	$11,201
223	Canadian National Railways	Canada	$11,181
224	Allianz7	Germany	$11,112
225	Local Authorities Pension Board	Canada	$11,104
226	New Mexico Public Employees	U.S.	$11,049
227	Mizuho Financial Group7	Japan	$11,001
228	City of Zurich	Switzerland	$10,958
229	Kraft Foods	U.S.	$10,941
230	FSS-NSW	Australia	$10,906
231	Strathclyde Pension Fund6	U.K.	$10,902
232	Zurich Financial Services7	Switzerland	$10,879
233	International Paper	U.S.	$10,878
234	PK Post	Switzerland	$10,837
235	Toyota Motor7	Japan	$10,783
236	Credit Suisse	Switzerland	$10,772
237	Lonmodtagernes Dyrtidsfond	Denmark	$10,769
238	Alcoa	U.S.	$10,753
239	Siemens (USA)	U.S.	$10,714
240	Public Service Pension Fund	Taiwan	$10,687
241	Ohio Police & Fire	U.S.	$10,681
242	MetLife	U.S.	$10,673
243	Aviva	U.K.	$10,621
244	SBB Pensionskasse	Switzerland	$10,599
245	Southern Co.	U.S.	$10,519
246	Magistrenes Pensionskasse	Denmark	$10,492
247	Rolls-Royce	U.K.	$10,440
248	Tapiola Mutual Pension Insurance	Finland	$10,436
249	Profuturo GNP	Mexico	$10,316
250	Chicago Teachers	U.S.	$10,255
251	REST	Australia	$10,242
252	Laegernes Pensionskasse	Denmark	$10,156
253	Federal Reserve Employees	U.S.	$10,146
254	Canada Post	Canada	$10,002
255	Idaho Public Employees	U.S.	$9,937
256	HBOS	U.K.	$9,869
257	Hawaii Employees	U.S.	$9,813
258	New York State Def. Comp.	U.S.	$9,757
259	ArzteVersorgung Westfalen9	Germany	$9,725
260	Los Angeles City Employees	U.S.	$9,678
261	Ohio School Employees	U.S.	$9,647
262	Arkansas Teachers	U.S.	$9,635
263	Maine State Retirement	U.S.	$9,584
264	Wal-Mart Stores	U.S.	$9,529
265	BBC6	U.K.	$9,501
266	Weyerhaeuser	U.S.	$9,501
267	Consolidated Edison	U.S.	$9,475
268	Bell Canada	Canada	$9,455
269	Koch Industries	U.S.	$9,451
270	United States Steel	U.S.	$9,445
271	Hesta	Australia	$9,417
272	Sunsuper	Australia	$9,368
273	West Midlands Metropolitan	U.K.	$9,328
274	OPSEU	Canada	$9,026
275	PensionISSSTE	Mexico	$9,012
276	Abbott Laboratories	U.S.	$8,998
277	Episcopal Church	U.S.	$8,951
278	GlaxoSmithKline	U.K.	$8,942
279	Construction & Building Super	Australia	$8,938
280	1199SEIU National	U.S.	$8,865
281	Motorola	U.S.	$8,845
282	Operating Engineers International	U.S.	$8,839
283	Hoffman La Roche7	Switzerland	$8,830
284	Sygeplejersker	Denmark	$8,813
285	Inbursa	Mexico	$8,785
286	Xerox	U.S.	$8,768
287	Fujitsu	Japan	$8,714
288	Altria	U.S.	$8,692
289	West Yorkshire6	U.K.	$8,636
290	Hydro-Quebec	Canada	$8,605
291	Quebec Teachers9	Canada	$8,556
292	Bayer Pensionskasse	Germany	$8,416
293	PepsiCo	U.S.	$8,383
294	Delta Air Lines	U.S.	$8,355
295	Missouri State Employees	U.S.	$8,336
296	Eli Lilly	U.S.	$8,300
297	TCorp (NSW)9	Australia	$8,227
298	Oklahoma Teachers	U.S.	$8,188
299	Sumitomo Mitsui Financial Group7	Japan	$8,183
300	Pensionskasse Hoechst	Germany	$8,123
	Total		$10,429,007
Notes: 1: As of Dec. 31, 2008. 2: As of March 31, 2008. 3: As of Feb. 27, 2009. 4: As of Feb. 28, 2009. 5: Global figure (ex-U.S.). 6: As of March 31, 2009. 7: Global figure. 8: As of Sept. 30, 2008. 9: Estimate.

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