Staff Analysis of the Legislation
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Under current law, the benefits of public employees employed in 1985 or later may be reduced if he/she is convicted of certain public crimes (such as fraud) to reimburse the defrauded party. All benefit payments are completely withheld until that debt is fully reimbursed. Under this bill, retirement plans would have the option of withholding a percentage of monthly benefits until that debt is fully repaid. |
