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Back to Home » September 2010 News » AP Investigation: CalPERS bumped pay as fund dived |
AP Investigation: CalPERS bumped pay as fund dived |
September 21, 2010
By CATHY BUSSEWITZ
2010-09-21T07:38:13Z
SACRAMENTO, Calif. (AP) -- As its investment portfolio was losing nearly a quarter of its value, the country's largest public pension fund doled out six-figure bonuses and substantial raises to its top employees, an analysis by The Associated Press has found....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_CALIFORNIA_PENSIONS_PAY_HIKES?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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