US - California Treasurer Bill Lockyer has asked the state's biggest pension plan to report the 100 highest state and local government salaries each year and to help prevent pay abuses.
The proposal follows an uproar over pay rates for some Bell officials, including Robert Rizzo, who resigned as chief administrative officer on July 22 after a Los Angeles Times report detailing his...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date