Monday, January 23, 2012

Yee bill is 2nd effort to cap CSU executive pay - Nanette Asimov, SF Chronicle

For the second time this month, a state senator has introduced legislation to limit executive raises at the California State University system within two years of a tuition increase or no boost in the allocation it receives from the state. Base pay for newly hired executives would also be limited to 5 percent more than what their predecessor received under SB967, by state Sen. Leland Yee, D-San Francisco. Those provisions differ somewhat from a similar bill introduced Jan. 4, which refers only to CSU presidents' salaries and would cap them at 150 percent of whatever the chief justice of the California Supreme Court is making.