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State pension fund managers earn $8M in bonuses

Investing graphic
Investing graphic

MADISON, WI (WTAQ) - Investment returns nearly double what was seen last year will mean more than $8 million in bonuses for Wisconsin’s pension fund managers.

The news comes as most retirees face decreasing payouts starting May.

Bonuses of at least $100,000 will go to 29 people, while 74 will get at least $25,000. Nearly everyone getting a six-figure bonus is a money manager.

Chief investment officer David Villa will get the largest bonus – nearly $421,000.