University of California leaders on Thursday approved raises and bonuses for more than a dozen top administrators, even as they were expected to convene later in the day to discuss a long-term fee policy that could raise tuition as much as 16 percent per year.
Most of the bumps to officials at UC's hospitals, national laboratories and administrative offices will not be funded directly by students or California taxpayers. Investment proceeds, hospital fees and other funds will cover most of the costs.
Among the bonuses approved by a Board of Regents committee was $744,950 for the 10-campus system's chief investment officer, Marie Berggren, for her performance last year. Combined with Berggren's $470,000 salary, the bonus will bring her 2010-11 pay to more than $1.2 million.
Regents also approved raises for several Lawrence Berkeley National Laboratory leaders, including Director A. Paul Alivisatos. The full board is expected to approve the bumps later Thursday.
The board also is scheduled to discuss a four-year budget plan that could lock in annual tuition increases. A staff report on the proposal says the action is necessary to help bring "fiscal stability" to a university system struggling with state budget cuts and soaring retirement benefit costs.
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