California gives retirement investors benefit
County employees in California who manage investments for retirement plans will be eligible for an extra benefit. A law passed in August authorizes counties
County employees in California who manage investments for retirement plans will be eligible for an extra benefit. A law passed in August authorizes counties to allow investment staff to defer a portion of their incentive compensation until retirement. Previously, performance-based bonuses could be disbursed only during the year they were earned, subjecting the employees to tax penalties.
Tags: Administration