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The government's special compensation master, Kenneth R. Feinberg, has two months to decide how to proceed.
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But unlike academic points systems, these blockchain-supported tokens can carry monetary value that high achievers can store and spend as they wish in compensation for mastering a subject.
Afterward, the Smith predictor was used to design a dead-time compensation for the master controller.
Workers may also receive higher compensation with a master's degree.
The board meeting followed a long and contentious session with the Treasury's special master for compensation, Kenneth R. Feinberg.
The Obama administration's special master for compensation at bailed-out financial firms pressured A.I.G. to recover some $45 million from the division's executives.
Kenneth R. Feinberg, the government's special master for compensation, has spent nearly five months studying pay packages at some of the nation's largest banks.
Mr. Feinberg, the special master for compensation, is the person who ensures that companies receiving federal bailout money are abiding by executive pay guidelines.
Kenneth R. Feinberg, the special master for compensation, put the six companies on a list of 17 banks that he found made $1.6 billion of questionable payments to senior bankers in 2008 and early 2009.
Fearing a firestorm like the one last spring, A.I.G. had been working with the Treasury's special master for compensation, Kenneth R. Feinberg, on a compromise that would allow it to keep its promise in part, without offending taxpayers.
A.I.G. also hopes the cuts will satisfy the Treasury's special master for compensation, Kenneth R. Feinberg, who has said that the insurer's current and former employees should keep a pledge to return $45 million of a previous round of bonuses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com