Friday, August 19, 2016

Federal Court Rules U.S. Attorney Can Seize Pension of Corrupt NY State Lawmaker


A Federal court rules in favor of allowing U.S. Attorney Preet Bharara to seize the pension of a former New York State lawmaker convicted of corruption.

The second circuit ruled that former Assemblyman Eric Stevenson can lose his State pension of about $22,000, to be used as forfeiture.

Pensions of public employees are protected by the New York State Constitution as property, even though Stevenson was not in the Assembly long enough to be fully vested.

The court found that Federal law supersedes State law.

Albany lawmakers have begun the process of changing the Constitution to allow Public Officials convicted of a crime to be stripped of their pensions.

The earliest it could go to voters in a referendum is 2018.











NYC Wins When Everyone Can Vote! Michael H. Drucker
Digg! StumbleUpon

No comments: