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National Assembly passes series of key bills as extraordinary session wraps on Friday Updated: 2014-02-28 21:56:26 KST

  National Assembly passes series of key bills as extraordinary session wraps on Friday
Lawmakers in the National Assembly passed a series of key livelihood bills on Friday, the last day of this month's extraordinary session.
Among the bills passed was a revision to the personal information protection act, which requires financial institutions and public organizations to encrypt a client's 13-digit identification number when storing them in a database.

"The parliamentary security committee has thoroughly revised this bill to fully protect our citizens and the specifics will be written into a presidential decree."

The change was made in response to a massive data leak last month affecting some 20 million card holders at three credit card firms and millions more clients at financial institutions in the months prior to that.
Lawmakers also passed a bill that will allow the parliament to more swiftly appoint an independent counsel for investigations into an array of sensitive crimes ranging from corruption to wrongdoing by government agencies.
The bill creates a parliamentary standing committee that will be responsible for making the independent counsel appointments.
In the past, a new committee was created for each new appointment.

"The standing committee for appointing independent counselors will consist of seven government officials."

The bill also allows the formation of a special investigative body charged with monitoring the relatives of the president or senior officials at the presidential office in order to prevent ethical breaches.
Lawmakers, however, will not be subject to surveillance.

"The rival parties were unable to overcome their differences on whether to link the basic pension scheme to the national pension system. That means they failed to put up a vote on a bill that would offer a monthly pension to senior citizens over the age of 65 in the bottom 70 percent of the income bracket.
Ji Myung-kil, Arirang News."
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