Originally Posted by kijhkijh

It's not in the English FAQ section. It's in the "new" Fact Check section KE made on their Korean site/app.

It says in Korean "평생 회원이 없어지고 매년 실적 달성을 해야하니 우수회원이 되기 더 어려워졌다? No"

Which roughly translates to "It's harder to achieve elite status as it has to be renewed every year and lifetime membership gets eliminated? No"

And then they give examples of how much easier it would be to reach an elite status with the new programme... I hate the way they've worded this and lifetime status question should have been asked separately, but it was probably put together deliberately to minimise the backlash of eliminating the lifetime status.

Well, maybe you can come to a different conclusion after reading about it here.
https://micro.koreanair.com/mainevent/202001/mileage/