By Wes Venteicher, includes “… The state pension system, valued at nearly $420 billion as of Monday, is considering the change as it searches for a new chief investment officer following the abrupt departure of former CIO Ben Meng two months ago. Under the proposal, the next investment chief could earn up to $2.4 million in salary and incentives — up from a maximum of about $1.8 million under the current pay structure.”
Read the full article on: The Sacramento Bee