LAST UPDATED: June 13, 2020, 12:00 a.m. EDT: Derek Chauvin could receive over $1 million as pension benefits. Yeah, you heard right, according to Minnesota state law, Derek Chauvin the alleged police officer of Minneapolis police, who is facing the 40 years behind the bar charges could receiver $1 million in pension benefits over the next 3 decades. Derek Chauvin could soon start receiving a pension benefit of $50000 every year.
Chauvin is 44 and got fired after the killing of George Floyd. Two other officers are also facing legal procedures who were present during the crime scene. Derek is currently facing second-degree murder charges and held on $1 million bail. This pension news could be heart-wrenching for the protesters who are protesting in support of George Floyd.
Minnesota state’s law doesn’t put any kind of ban on pension benefit to government employees, even they found guilty in serious charges. This means Derek Chauvin who is providing his services to the police department since 2001 is likely to receive the pension benefit of $1 million, partially funded by the taxpayers of the united states. Derek has done logged overtime, thus his pension amount can also cross the $1 million amount easily.
The Minnesota Public Employees Retirement Association said that no denial can be done in providing pension as per the current state law. Members can start taking the benefits from age 50. If Derek statrs taking the annual pension benefits even from 55, he would be eligible to gain more than $1 million.
The association’s executive director, Doug Anderson told CNBC that the only way to stops this pension benefit is changing state law.
A change to state law would be required — Doug Anderson
Minneapolis’s police are facing ongoing calls to cut the funding of the police department. Protesters are also trying to pressurize the united states government to do police reforms.