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Despite $1B debt, UC still giving bonuses

kgo
By ABC7
Saturday, January 22, 2011

Regents gave out rewards to nearly 1,500 UCSF employees. Regents also gave ten percent raises of more than $20,000 a year to three executives in Oakland.

A UC spokesman defended the rewards, saying not all of the money comes from taxpayers, and that the incentives are needed to retain talented employees, but critics say the rewards show the UC system has its priorities wrong.

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