North Carolina State Treasurer halts bonuses for state pension fund managers
From John Curry, June 1, 2009
Treasurer suspends bonuses for pension managers
From wral.com, June 1, 2009
State Treasurer Janet Cowell said Monday that her office won't dole out bonuses to pension fund managers for the 2008-09 fiscal year because of a tight state budget.
The move follows similar action last week by the Office of the Commissioner of Banks. The banking office drew legislative fire over $500,000 in bonuses handed out last August and planned to reward top employees again this year with $200,000 in bonuses. (Read the rest of the article here.)
posted by Kathie Bracy at 8:27 PM
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