However, Chauvin still benefits from a partially funded pension from taxpayers. While a number of state laws allow for the abolition of pensions for employees who have been convicted of work-related crimes, this is not the case in Minnesota.
The Minnesota Public Employees Retirement Association confirmed to CNN that the 44-year-old Chauvin would remain eligible to apply for a pension from the age of 50, although he would not provide details on how much he would receive. Chauvin’s lawyer declined to comment. Employees of the retirement plan said that employees who have been voluntarily fired or for a reason are eligible for future benefits, unless they choose to lose their future benefits and receive a refund for all their contributions during their employment.
“Neither the board nor our staff have the discretion to increase, decrease, deny or revoke the benefits,” a spokesman said. “Any changes to the current law will have to be made through the legislative process.”
While various factors are used to calculate pension benefits, Chauvin would likely be eligible for annual payments in the park of $ 50,000 per year or more if he chose to start receiving them at age 55, according to a CNN-based analysis Chauvin, Salary Data 2019, contract details, instructions for retirement plans and salary programs of the Minneapolis Police. The benefits could be as high as $ 1.5 million or more over a 30-year period, without any increase in the cost of living. Chauvin’s annual payments could be even higher if he received significant overtime pay in previous years.
Two of the other officers accused of Floyd’s death were beginners, but a third also seems eligible to receive retirement benefits from his time in the department, according to the city’s employment records. The Mayor’s Office in Minneapolis, the Police Department and the local police union did not respond to CNN’s request for comment.
Public pensions are paid through a combination of contributions from local governments and the taxpayers themselves, as well as the return on investment. Public security pensions are usually some of the most generous and have boosted local and state budgets across the country.
But it is almost impossible for them to be reduced or removed from the workers who had been promised public employment contracts, and the police unions have fought hard to protect workers’ pensions. Officers usually also pay some of their salaries in the funds and usually receive their pensions instead of Social Security.
Amid growing calls across the country to weaken police departments and better distribute money to social services such as youth and community development and mental health treatment, pensions are likely to become a point of contention in the ongoing debate.
Laws governing whether pensions can be removed by the police accused of misconduct vary by state. Less than half of states have laws that allow pensions to be deducted by police convicted of any crime, while some other states allow the abolition of pensions for specific crimes such as corruption or sexual offenses against minors, but not for sentencing an officer. use of excessive force, according to a 2017 study published in the Journal of Law, Economics and Policy.
“Seizure of pensions is very rare,” said D. Bruce Johnsen, a law professor at George Mason University and co-author of the study.
“With this terrible tragedy, it may be time to move in that direction,” he said, adding that specific situations that would allow the crash should be carefully identified.
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