Even if Derek Chauvin is found guilty of murdering George Floyd, he's still eligible to receive a $1.5 million pension
In this court sketch, former Minneapolis police officer Derek Chauvin appears in video surveillance on Monday June 8, 2020, from a maximum security prison in Oak Park Heights, Minnesota. Hennepin County judge Jeannice M. Reding bailed $ 1 million for Chauvin, who was charged with second-degree murder in George Floyd's death.
Cedric Hohnstadt on AP
Derek Chauvin, a former Minneapolis police officer accused of murdering George Floyd for second degree murder, may receive his pension if convicted.
According to a CNN analysis, this pension could be at least $ 1.5 million over 30 years.
22 states require the police to retain their pension benefits if convicted of a crime, but Minnesota is not one of them.
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Derek Chauvin, the former Minneapolis police officer who killed George Floyd, is entitled to over $ 1 million in pension - even if found guilty of second-degree murder.
The 44-year-old Chauvin was charged with manslaughter, first degree murder and second degree murder, but is entitled to his pension at the age of 50, which is partly financed from taxpayers' money. At the age of 55, according to the CNN analysis, his annual pension would be around US $ 50,000 -Dollars.
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Over a period of 30 years, this is at least $ 1.5 million without taking into account the rising cost of living. If Chauvin were working overtime as an officer, the benefits could be even greater.
"Neither our board of directors nor our employees have the discretion to increase, decrease, refuse or revoke benefits," a Minnesota Public Employees Retirement Association spokesman told CNN. "Any changes to existing law would have to be made as part of the legislative process."
When American police forces are critically examined after Floyd's death and nationwide protests, calls to defuse or abolish the police have entered mainstream political discourse. The future control of police pensions could soon violate the debate.
Public pensions are financed by local government tax money, investments and future recipients themselves. According to a 2017 article in the Journal of Law, Economics and Policy, laws in 22 states prevent police officers from receiving pensions if they commit crimes in connection with their work. Minnesota has no such law.
"Another nine countries have pension forfeiture laws that apply to the police but are only triggered by certain crimes (e.g., corruption, financial crimes, sexual crimes against minors, etc.) and are not triggered by the conviction of a police officer for excessive use of violence." , wrote the authors D. Bruce Johnsen and Adam David Marcus.
Johnsen and Marcus also pointed out a connection between strict police pension rules and lower rates of police misconduct.
"Our first and, admittedly, incidental evidence suggests that countries with stricter retirement laws have a lower rate of police misconduct," they wrote. "Since police pensions depend on the performance of good faith service, it is undisputed that misconduct decreases as the expected misconduct losses increase."
Before his arrest, Derek Chauvin was in talks with prosecutors about a plea for his role in George Floyd's death
Minneapolis City Council members are trying to dissolve the police department as schools and other city agencies cut ties to the police
Veepstakes contender Amy Klobuchar receives more money from police union PACs than any other senator except one
Joe Biden will not support defusing the police as part of his 2020 campaign message
AOC criticizes New York City judges for ruling people arrested for widespread unrest and was detained for more than 24 hours without charge
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