CalPERS: sets its own Excessive Pay – off the Charts

From the NBC Story https://www.nbcnews.com/news/us-news/nations-largest-public-pension-fund-plagued-secrecy-underperformance-p-rcna346330 The fund’s staffers receive “excessive compensation” despite its dismal performance. Four executives make more than $1 million a year, another four more than $900,000 and 26 earn between $500,000 and $900,000. From the new groundbreaking CalPERS report and NBC report    .     CALPERS CEO Marcie Frost made $1.4mm despite not having … Continue reading CalPERS: sets its own Excessive Pay – off the Charts