'Public Institution Labor Director System' Passes KDI Agenda Coordination Committee (Comprehensive)

[Image source=Yonhap News]

[Asia Economy Reporter Lim Chun-han] The public institution labor director system passed its first hurdle in the National Assembly on the 4th.

The National Assembly's Planning and Finance Committee held a coordination committee meeting in the afternoon and approved the amendment to the Act on the Operation of Public Institutions, which centers on the introduction of the labor director system in the public sector.

The ruling and opposition parties agreed to adopt the government proposal to appoint one non-standing labor director and require the Executive Recommendation Committee's involvement, but set the implementation period to six months from the date of promulgation. This system, in which worker representatives participate in the boards of public institutions, was requested for processing within this regular session of the National Assembly by Lee Jae-myung, the Democratic Party presidential candidate. Yoon Seok-yeol, the People Power Party candidate, also expressed support.

However, as processing was delayed in the Planning and Finance Committee's Economic and Fiscal Subcommittee due to opposition from People Power Party members, Democratic Party members formed a coordination committee last month, referred the bill, and eventually reached a consensus. The Planning and Finance Committee plans to hold a plenary session on the afternoon of the 5th to handle the amendment to the Act on the Operation of Public Institutions approved that day.

The ruling and opposition parties decided to conduct further discussions on three bills discussed together at the coordination committee that day: the Framework Act on Social Economy, the Framework Act on Service Industry Development, and the Framework Act on Realization of Social Value in Public Institutions.

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