(Bismarck, ND) — The State Investment Board is considering an incentive bonus plan totaling one-point-three million dollars. The money would be distributed to 12 Retirement and Investment Office employees despite ongoing legal battles over the bonuses. The payouts are on the Friday meeting agenda. Some lawmakers are asking the board to delay payments since the money is not allocated in its budget. RIO says they have received verbal confirmation from the state’s Attorney General’s Office that the RIO has legal authority to issue the payments.
