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

Permanent Fund Corp. adopts new pay plan

Posted on 17 June 2010

From Juneauempire.com: The Alaska Permanent Fund Corp. will give raises to nearly one-third of its staff beyond cost of living, saying wages have fallen behind similar positions. The Permanent Fund’s Board of Trustees voted unanimously in favor of the decision during a meeting Monday.
Ten employees will be immediately affected by the new salary schedule; five topped out at the old schedule and five were at the bottom and will be brought up by the new schedule, Permanent Fund Executive Director Mike Burns said……………………………………………Full Article: Source

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