The Massachusetts state pension agency is set to give a huge $815,000 performance bonus package to most of its 25-member staff, including a nearly $100,000 payout to its executive director, despite the fact that the fund sputtered through a fiscal year that ended with a slight loss in value.

http://www.boston.com/news/local/massachusetts/articles/2012/08/10/mass_pension_fund_employees_to_receive_bonuses_of_up_to_40_percent/