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President Joe Biden has signed a bill cutting pensions for members of Congress convicted of public corruption felonies.
President Joe Biden has signed into law a bill designed to prevent members of Congress convicted of felonies related to public corruption from collecting taxpayer-funded pensions.
The bill amends the law so that former members of Congress lose their pensions immediately after being convicted of certain felonies related to their official duties, regardless of how long their appeals process takes.
If a conviction is later overturned, affected individuals will be entitled to retroactive pension payments for the period during which their pensions were withheld. Previously, federal law forced convicted members to give up their pensions only after exhausting all their appeals.
“For too long, corrupt Washington politicians have been exploiting a loophole in the system to continue to collect taxpayer-funded pensions even after they have been convicted of felonies,” Rosen said in a statement. “I’ll keep working across party lines to find commonsense solutions to protect Nevadans’ hard-earned dollars.”
Scott echoed the sentiment, emphasizing the importance of taxpayer protection.
“If you are a Member of Congress and convicted of a crime involving public corruption you should lose all pension benefits provided to you by taxpayers and hardworking families—period,“ Scott said in a statement. “Making Washington work for American families requires real reforms that end the current dysfunction.”