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New Mexico bill would forfeit retirement plans of public officials found guilty of corruption

Lawmakers in New Mexico have launched a invoice that may pressure public officers convicted of corruption-related offenses to surrender any advantages that they had accrued in through the state’s retirement plan for public workers.

The invoice, first reported by native information affiliate KQRE, would strip all retirement plan advantages from lawmakers or different state-level public officers convicted of quite a lot of offenses together with however not restricted to bribery, extortion, perjury, racketeering and forgery.

Launched by a Democrat and a Republican, state Sens. Mark Moores (R) and Matthew McQueen (D), the invoice builds on earlier laws signed into legislation within the state in 2012 that allowed judges to impose fines on public officers convicted of such offenses.

Some officers together with members of the judiciary, municipal workers and faculty boards are excluded from the brand new laws.

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