Lawmakers urge investment board to delay action on bonuses, citing lingering questions

By: Mary Steurer

Outlets: North Dakota Monitor

Published: January 15, 2026

Words: 648

Last Updated: 3 weeks, 5 days ago

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Two state lawmakers have raised concerns to the State Investment Board that the $1.3 million in bonuses slated to go to the Retirement and Investment Office employees may be a violation of state law.

Sen. Sean Cleary, R-Bismarck, in a Tuesday letter to board members said that the bonuses are required by law to be based on the performance of investment money the state manages internally. Cleary said that instead, it appears that bonuses …

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