This bill amends current law to mandate the full forfeiture of pension benefits for any elected or appointed official convicted of a crime related to their office. Specifically, it requires the board of trustees of any State or locally-administered pension fund to order the forfeiture of all earned service credit or retirement benefits for members convicted of misconduct during their public service, regardless of whether the pension system covered the office in question. The bill also expands the criteria for forfeiture, allowing the board to consider a broader range of misconduct that renders a member's service dishonorable.

Additionally, the bill outlines specific factors that the board of trustees must evaluate when determining whether to impose a partial forfeiture of benefits for misconduct. These factors include the member's length of service, the nature of the misconduct, and the relationship between the misconduct and the member's public duties, among others. This comprehensive approach aims to ensure that pension benefits are only awarded to those who have rendered honorable service, thereby reinforcing accountability among public officials.

Statutes affected:
Introduced: 43:1-3