Port: State Investment Board to consider more than $1.2M in controversial bonuses

Big bonuses for North Dakota’s investment staff are back on the agenda, and they’re stirring up familiar debate. On Friday, the State Investment Board will weigh more than $1.2 million in incentive pay for the employees who manage pension funds, the Legacy Fund, and other state investments. Supporters say the payouts reflect strong returns and help keep talent in government. Critics question the size of the bonuses — and who qualifies for them — arguing the system has drifted from its original purpose. Rob Port with InForum has the full story.

Rob Port

InForum

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