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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Permanent Fund director finds way to get his employees a raise

Posted on 23 May 2014

The Alaska Permanent Fund Corp. has figured out a way to get raises for its staff that other state employees are aren’t getting, said Mike Burns, the state-owned corporation’s executive director.
The $51 billion Alaska Permanent Fund provides earnings with which to manage the fund, as well as annual dividends to most Alaskans, but its budget still needs legislative approval………………………………………Full Article: Source


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