Officer charged with killing George Floyd still eligible for pension worth more than $1 million

U.S. & World

Derek Chauvin mugshot (Credit: Hennepin County Sheriff’s Office)

MINNEAPOLIS (KRON) – The former Minneapolis police officer charged with second-degree murder in the death of George Floyd is eligible to receive a pension worth more than $1 million during his retirement years even if he is convicted, CNN reports.

The Minnesota Public Employees Retirement Association confirmed to CNN that 44-year-old Chauvin would remain eligible to file for that pension – which is partially funded by taxpayers – as early as age 50, but did not specify an amount he would receive.

There is no state law in Minnesota that requires employees convicted of felony crimes related to their work to give up their pensions.

A CNN analysis based on Chauvin’s tenure with the Minneapolis Police Department reveals Chauvin would likely be eligible for annual payments around $50,000 or more if he chose to start receiving them at age 55.

That information was compiled using data from his 2019 payroll, contract details, pension plan guidance, and the salaries of those with the police department.

The benefits could stretch to $1.5 million or more over a 30-year period, not including any cost of living increases.

Chauvin’s annual payments could be even higher if he received significant amounts of overtime in prior years.

The three other officers involved in Floyd’s death have also been fired and face felony charges.

**Continuing coverage on George Floyd**

Grab the FREE WDTN News App from the Apple Store or Google play. Stay up to date with all the local news, weather and sports as well as live newscasts and events as they happen.

news-app-download-apple news-app-download-google-play

Follow Us on Facebook, Twitter and Instagram for all the latest news, weather and sports.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Video on

Don't Miss

Interactive Radar

More As Seen on 2 NEWS