ND MonitorA state panel on Wednesday gave final approval to revisions to a scrutinized bonus program for employees of the office that oversees billions of dollars in state funds. The bonus program essentially rewards certain office staff for how well internally managed investments perform, but some officials have wondered whether the office is broadly interpreting what state law means by “internally managed.” The board approved $1.3 million in fiscal year 2025 bonuses for 12 employees in January. Bonus basisNineteen of the office’s 35 staff are eligible for the bonus program, Office Executive Director Jodi Smith said. He said he’s also heard frustrations from state employees who wonder why the office’s employees are awarded “massive bonuses” while they receive raises of 2% and 3%.