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There is only one credit union with over $50bn in assets, said NCUA board chairman Debbie Matz, adding the proposal would not be retroactive to existing compensation plans.
The payments are on top of the existing compensation system, under which communities are to be given a lump sum of £100,000 when a test well is fracked, plus 1% of revenues.
Ministers are also considering levying a victims' surcharge on criminals, on top of existing compensation orders, to create a fund that would provide help to all victims of crime.
He also extended an existing compensation scheme for energy-intensive industries, such as steel and paper mills, for a further four years and introduced a scheme to shield firms from the cost of supporting windfarms and solar arrays through the renewables obligation and the feed-in tariffs.
The essential unknowns render the existing compensation strategies inapplicable and motivate us to explore a new one.
First, we compared the existing compensation systems to identify the most comprehensive and inclusive structure, checking whether these systems include base salary, allowance, incentives, and cash-based benefits.
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The cost of extending existing terror compensation arrangements to Pike and dozens of other British victims of attacks in Bali, Sharm el-Sheik in Egypt, and Turkey has been estimated by the Treasury at less than £4m.
The far smarter way is to design schemes that pay well those who perform well but do not (unlike much existing executive compensation) reward failure.Let this be the start of a beautiful relationshipReforming pay alone will not guarantee a more long-term approach.
Cooper went on to cite existing "breakage" compensation for artists, which includes "advances, minimum guarantees, non-recoupable payments, and audit settlements," that the company has written into a policy that it implemented in 2009.
Rather than a voluntary agreement, a structure was negotiated based on existing International Labour Organization (ILO) compensation conventions.
It didn't play well with anyone too large a sum for ordinary folks to stomach; nowhere near existing levels of compensation in the financial sector and seems to have been scrapped.
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