Derek Chauvin charged with killing George Floyd, is still eligible for pension

Derek Chauvin, former officer charged with killing George Floyd, is still eligible for pension worth more than $1 million

Derek Chauvin, the former Minneapolis police officer accused of killing George Floyd, would still be eligible for more than $1 million in pension benefits even if he’s convicted of murder, CNN reported.

Derek Chauvin was fired from the department after a video showed him pressing his knee onto Floyd’s neck for nearly nine minutes. He worked for the department since 2001. He was charged with second-degree murder. Three other former officers were also charged in Floyd’s death.

While a number of state laws allow for the forfeiture of pensions for those employees convicted of felony crimes related to their work, Minnesota is not one of them.

The Minnesota Public Employees Retirement Association confirmed to CNN that 44-year-old Chauvin would remain eligible to file for his pension as early as age 50. The association didn’t provide the news network with details on an amount.

Retirement plan officials told that employees terminated voluntarily or for cause are eligible for future benefits unless they choose to forfeit them and receive a refund of all their contributions made during their employment.

Analyzing Chauvin’s tenure, 2019 payroll data, contract details, pension plan guidance and the Minneapolis Police Department salary schedule, CNN estimated that Chauvin would likely be eligible for at least $50,000 a year at the age of 55.

The benefits could stretch to $1.5 million or more over a 30-year period. The total doesn’t take into account the cost of living increases.