Ash Williams, who oversees Florida’s $144 billion state pension fund, is in line for a 5.5 percent raise in a proposal that will go before Gov. Rick Scott and the Cabinet Tuesday.

Williams, the chief investment officer for the State Board of Administration, would see his pay rise from $389,500 to $411,000. He would also be eligible for a performance bonus of up to $30,673, which would be paid over two years, once financial audits are finished for the fiscal year that ended June 30.