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SB 0174 - Public Retirement Systems - Retirees with Criminal Convictions
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Tracking Level: Neutral
Sponsor: Ellis Black
Last Action: 2/25/2019 - Senate Read and Referred
Senate Committee: Retirement
Assigned To:
Larry RamseyNext Bill

Staff Analysis of the Legislation

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.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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