Derek Chauvin Reportedly Still Eligible to Receive Over $1 Million in Pension Benefits

Derek Chauvin Reportedly Still Eligible to Receive Over $1 Million in Pension Benefits

Complex - Life·2020-06-12 22:16

Derek Chauvin could receive more than $1 million in pension benefits even if a conviction against him is secured in the murder of George Floyd.

As explained in a CNN report filed Friday, Chauvin would "likely be eligible for" yearly payments in the neighborhood of $50,000 a year "or more" if he chose to start receiving them at age 55. That figure is the result of analysis of contract info, recent payroll data, pension plan guidance, and Minneapolis Police Department salary schedules. 

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