Newsmakers
CalSTRS CIO Set to Receive $1.1 Million Bonus
Chris Ailman is up for a bonus that’s nearly twice his base pay for leading the pension to a 27.2% return.
Money, to be awarded for 2013 performance, had been delayed due to controversy.
Incentive payout for 2018 was lowest amount in the past five years.
Over the past five years, investment returns added $1.2 billion to the state’s retirement system.