Private School Teachers' Pension Service Achieves 'A Grade' in Management Evaluation for Second Consecutive Year

The Private School Teachers' Pension Service has achieved an 'A grade' for the second consecutive year in the public institution management evaluation.

On the 23rd, the Pension Service announced that it had attained this result in the '2024 Management Performance Evaluation for Other Public Institutions' under the Ministry of Education.

The management performance evaluation for other public institutions is a system that comprehensively assesses institutions each year in two main categories: management strategy and management administration, and major project management and performance. It also evaluates efforts to implement public institution innovation plans, in order to establish autonomy and a responsible management system.

Marking its 50th anniversary last year, the Pension Service was recognized for outstanding achievements in various areas, including fund management performance, customer-centered digital transformation of operations, and ESG management.

In particular, as of the end of last year, it recorded 2.7725 trillion won in investment returns, achieving the highest level of performance for two consecutive years. Other accomplishments included the enrollment of 1,073 new permanent contract staff from private schools and the establishment of an error-free payroll environment.

Additionally, through the eco-friendly reconstruction of the Yeouido TP Tower in Seoul, the institution received the highest '5 Star' rating in the GRESB (Global Real Estate Sustainability Benchmark) assessment.

Song Hajung, President of the Pension Service, stated, "Achieving an A grade for two consecutive years is a valuable result accomplished by all employees working together," and added, "We will continue to do our utmost to ensure stable fund management and to enhance the welfare of teaching staff."