Money & Company
Tracking the market and economic trends that shape your finances.
October 7, 2011 | 4:24 pm

Top administrators and investment officers at the California Public Employees’ Retirement System, the country’s biggest government pension plan, were awarded $4.5 million in bonuses, averaging 41% of their base salaries for the year that ended June 30.

The annualized bonuses ranged from a high of 73% of salary to the senior portfolio manager for fixed income to a low of 14% for the senior investment officer in charge of risk management.

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