Government Recommends Dismissal of Heads of Government Employees Pension Service and KOICA Following 'Very Poor' Performance Ratings

The government has decided to recommend the dismissal of the heads of the Government Employees Pension Service and the Korea International Cooperation Agency (KOICA), both of whom are currently in office, after they received "very poor" ratings in last year's public institution performance evaluation.

In last year's public institution management evaluation, 16 organizations received a rating of "poor" or lower.

The government held the 7th Public Institution Steering Committee meeting at the Government Complex Seoul today (June 19), presided over by Koo Yoon-cheol, Deputy Prime Minister and Minister of Economy and Finance, and approved the "2025 Public Institution Management Performance Evaluation Results and Follow-up Measures."

The evaluation covered the management performance of 88 public enterprises and quasi-government organizations from last year, as well as the implementation of management contracts by the heads of 82 such organizations.

In the results of the head-of-institution evaluation, which was introduced separately from the organizational evaluation this time, 6 individuals, including those from KDN and the National Health Insurance Service, received an "excellent" rating.

A total of 52 individuals, including those from Incheon International Airport Corporation, Korea Housing & Urban Guarantee Corporation, and Health Insurance Review & Assessment Service, were rated as "average."

Seventeen individuals, including those from Grand Korea Leisure and the National Institute of Ecology, were rated as "poor."

Seven individuals were rated as "very poor."

Among them, the Ministry of Economy and Finance decided to recommend the dismissal of the two heads currently in office at the Government Employees Pension Service and the Korea International Cooperation Agency.

In the case of the Korea International Cooperation Agency, it was raided last year by a special counsel team led by Min Joong-ki in connection with allegations involving First Lady Kim Keon-hee.

The remaining 5 individuals, including those from the Korea National Railway, SR, Human Resources Development Service of Korea, Korea National Oil Corporation, and Korea Energy Agency, were not subject to dismissal recommendations as they were not in office during the evaluation period.

Regarding the organizational evaluation results, no institution received an "outstanding" (S) rating this year, continuing the trend from last year.

Fifteen institutions, including Korea South-East Power, Korea Southern Power, and the Health Insurance Review & Assessment Service, received an "excellent" (A) rating.

Twenty-nine institutions, including Incheon International Airport Corporation and Korea Housing & Urban Guarantee Corporation, were rated "good" (B), while 28, including Korea Gas Technology Corporation and Kangwon Land, were rated "average" (C).

Sixteen institutions fell into the "poor" or lower (D/E) categories.

Thirteen institutions, including SR, Jeju Free International City Development Center, and Korea Sports Promotion Foundation, were rated "poor" (D).

Three institutions, including Korea Broadcast Advertising Corporation, Korea National Park Service, and the Korea International Cooperation Agency, were rated "very poor" (E).

In the evaluation of the performance of standing auditors and audit committee members, 3 were rated "excellent" (A), 23 "good" (B), 26 "average" (C), and 6 "poor" (D).

No one was evaluated as "outstanding" (S) or "very poor" (E).

The Ministry of Economy and Finance issued warnings to 12 heads of institutions currently in office who received a "poor" rating in the head-of-institution evaluation, including those at the National Institute of Ecology, Grand Korea Leisure, and Korea Post Financial Services.

Additionally, warnings were issued to 11 heads of institutions currently in office—including those at the Korea National Park Service, Korea Gas Corporation, and Korea Rural Community Corporation—out of the 15 institutions where serious fatal accidents occurred last year.

A warning was also issued to 1 standing auditor currently in office at the Human Resources Development Service of Korea, among the 6 institutions where the audit evaluation result was "poor."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.