Sahakyeongeum Appoints Ryu Hyesuk as Standing Director... "Expert in Educational Administration"

The Private School Teachers' Pension Service (Sahakyeongeum) announced on the 26th that "Ryu Hye-sook, former director of the National Institute for International Education, has been appointed as the new Standing Director (Head of the Management Headquarters)." The term of the Standing Director is two years. As a member of the board of directors and the pension management committee, and as the chairman of the asset management committee, she will participate in major policy decisions of the service.

Ryu Hye-sook, Executive Director of the Private School Teachers' Pension [Photo by Private School Teachers' Pension]

Ryu Hye-sook, the new Standing Director, is recognized as an expert in educational administration. She holds a bachelor's degree in education from Yonsei University, a master's degree in educational administration from Yonsei University Graduate School of Education, and a doctorate in educational administration from Cornell University in the United States. After passing the 33rd Administrative Examination, she began her career as an educational administration officer and served as head of the Talent Policy Division at the Ministry of Education, Science and Technology, deputy superintendent of Ulsan Metropolitan Office of Education, deputy superintendent of Gwangju Metropolitan Office of Education, director of the Student Support Bureau at the Ministry of Education, and served as the director of the National Institute for International Education.

Song Ha-jung, chairman of Sahakyeongeum, said, "We expect the new Standing Director to successfully respond to national tasks and current issues directly related to Sahakyeongeum, such as pension reform, based on her extensive experience in educational administration."

Sahakyeongeum is a public institution established in 1974 to stabilize the lives and improve the welfare of teachers and staff working at private schools and their families. It focuses on securing the responsibility reserve fund for the stable payment of pensions, which is the core role of the pension fund. The total asset size is currently about 27 trillion won, and it is achieving a fund operation yield rate of 13.46%.