Pension Board Meeting
Anyone have the info on Tuesday's meeting?
An entry in the comment section states that the retiree rep Hauser and the Lieutenant rep Maloney sided with the City appointees on a number of procedural motions:
An entry in the comment section states that the retiree rep Hauser and the Lieutenant rep Maloney sided with the City appointees on a number of procedural motions:
- Today at the Pension Board Meeting PO Mike Shields and Sgt. Mike Lazarro made 2 motions. 1 was for a vote of no confidence against John Gallagher, and the 2nd was to put a letter of admonishment in John Gallagher’s file for playing secret squirrel regarding Weis and Co. and our Pension Fund. All 4 of our ELECTED TRUSTEES were present, only 3 of mayors appointed trustees were present. Both motions were voted down because RETIRED PO KEN HOUSER AND LT. JIM MALONEY sided with Gallagher and the city’s trustees with a 2-5 vote denying the motions.
We also heard a rumor that the head of IPRA is in our pension somehow? Supposedly, Gallgher refuses to release any sort of list of who is actually paying into our pension and stunts like J-Fed and Co. sneaking in the backdoor demonstrate a definite need for absolute transparency regarding Pension Board dealings. These cockroaches have been operating in the dark for far too long and something needs to change in light of the sad state of our underfunded pension.
And evidently, Hauser and Maloney need to be removed by their respective voting blocs, too.
And evidently, Hauser and Maloney need to be removed by their respective voting blocs, too.
Labels: pension
posted by SCC at 12:09 AM
140 Comments:
Last election, the pond scum known as Hauser ran unopposed. Give me ANY viable candidate to run against him and he is HISTORY!
removed...yeah in handcuffs and an orange jumpsuit!
hopefully are memories will be as long as these guys bullshiting abilities have lasted.
bumperstickers t-shirts pens Scc?
I have trouble sleeping and therefore trouble rising early
But Hauser is a no good so and so who makes me sick
I may run for his spot next time
We had them outnumbered for the first time in decades, and these two pieces of shit Hauser and Maloney voted against us?
Anyone who votes for these two assholes in the next election ought to be castrated, and that includes you Nolan and Podgorsky, Hauser's biggest backers...
RETIREE'S YOU HAD BETTER WAKE UP, AND QUIT GETTIN SNOWED BY THESE ASSHOLES!!!
Sounds like someone else needs to turn over "the list" too.
Well would someone that knows exactly how to right this wrong explain how to? You have people listening let everyone know what to do.
Off Topic: Chicago Police responsible for the E2 Nightclub deaths according to news articles and comments on those same articles.
Isn't there someway the combined unions could involve Lisa Madigan in this issue? Have them get the books open for us.
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
Hauser , as far as I'm concerned you are " HISTORY " This is to all retirees . Let's hurry up and vote this asshole out ASAP . We don't need an asshole like this monitoring our pension funds . I hope that the Lt's do the same . Fuck these two mopes . WTF are they thinkin' ?
On Thursday morning, November 5th, I filed a complaint versus the Policemen's Annuity and Benefit Fund (PABF) with the Office of the Inspector General, City of Chicago, for allowing Jody WEIS, Michael MASTERS, Peter BRUST, Robert KLIMAS and Patrick DALY to contribute monies to the PABF. We are not dealing with five magnanimous philanthropists here. We are dealing with transparent weasels.
I then had a phone conversation with PABF Executive Director Gallagher. He stated that "an administrative misinterpretation (had) occurred" which has since been "resolved". All PABF contributions by WEISel and Co. "have been transferred to another (unspecified) City fund."
The day before, I had sent an eMail to each of the aforementioned five which reads as follows: "Get your filthy, fuckin', money grubbin' hands out of OUR pension fund, you imposters. Integrity, principle, honor, excellence and shame are foreign to your vocabulary." None responded.
To the other 217 unidentified recipients who received a blind (bcc) copy, I added "What y'all gonna do about Gallagher and Daley's four stooges on the PABF?".
In light of yesterday's PABF meeting and if the SCC account is accurate, I herein add the names of Kenneth A. HAUSER and James P. MALONEY to my previous paragraph. With prejudice, I call for the immediate resignations of Gallagher and Daley's SIX stooges.
Add to that PABF "counsel" David Kugler. (I will never forget you and Richard J.Brzeczek, you slimy rattlesnake.)
These cockroaches have been operating in the dark for far too long and something needs to change in light of the sad state of our underfunded pension.
And evidently, Hauser and Maloney need to be removed by their respective voting blocs, too.
posted by SCC at 12:09 AM on Nov 25, 2009
FOP needs to get behind this. Not all retirees read the blog... FOP needs to put out the word on Hauser/Maloney faction....VOTE 'EM ALL OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!
rats
Could Allison Davis and Vanecko be paying into the fund?
Fox news showed Weis and Masters crew getting kicked out of the pension fund. Thats good news.
I'm a retiree for only 6 years. I need this Damn pension to survive. It's not gonna be here with this sneaky little pension director Gallagher steering the ship. When i see Kenny I'm gonna let him have it.
Maloney and Hauser= criminals
How about a post about the 3 Navy Seals court martialed for giving a terrorist a bloody lip. WTF...
Off Topic: Obama expects support for more Afghanistan troops.
Just wondering, where is all the anti-war outrage now? However, you have all been advised as to how to respond to the President's decision.
He EXPECTS support. Ya'll got that?
---not a cop
It's obvious that two of Daley's RATS have infiltrated two of the spots reserved for elected trustees that are supposed to be looking out for the best interests of the working copper.
Those of you who float blindly through your career, mindlessly paying into our pension fund better wake the fuck up, and quick. The millions given away to Daley's nephew with no results in our financial favor and the grim news about Pallohusky should be more than enough to open your eyes to what's possible concerning OUR money and subsequently our futures.
I don't know about the rest of you, but I expect a nice monthly check for many, many years after contributing to this cesspool of a job and city for what will amount to more than half of my life when my time to retire rolls around. And I've got a big problem with anyone who steals from me or threatens my family's well-being.
We ALL need to rally behind Mike Shields and demand sanctions for those who allow ineligible people to steal OUR money. It's high time the loopholes and those responsible for pimping those loopholes are exposed and punished accordingly.
This is a broken record down there. Two of OUR VOTES to five of THEIR VOTES.
You retirees need to get your guy on board with our guy.
They need to publish the unabridged version of the pension board meetings minutes.
FOP please request the minutes and post.
Something stinks to high heaven. Sgt JP is not alone in this re-distribution of wealth.
We probably could go all the way back to Mitchell Ware and start from that point on to see any and all of the phony baloney civilians who have been put on our pension. To begin with, let's see a current roster. Than kick them all off and go after the funds they have already received.
Hauser is nothing but a giant turd!
The retirees won't dump Hauser. Why do I say that, because they don't give a fuck. They are still collecting their checks. They love the fact that daley is robbing us blind and don't care about this job. Is there a retiree that will step up to challenge him?
As far as the Lt. goes, siding with Daley's group just put the nail in his coffin. He's a fucking dip shit for doing that.
With everything Mike has been doing to bring transparency to the board, these two dick heads side with Daley.
It is time for all of the retired members to inform the Chicago Police Department Retired Police Officer's Organization that they should withdraw their support of Kenny Hauser.
This is the organization that Bill Nolan and the other former officers of FOP are currently controlling.
They must go.
Off Topic: Chicago Police responsible for the E2 Nightclub deaths according to news articles and comments on those same articles.
Booby Rush the bigot said police called for riot control instead of for assistance
Maloney was "appointed" by Daley a few years ago to sit on a board to study how to strengthen pension funds. He wrote this himself in the newsletter. Hopefully the Lts on this job will note this next election.
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
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I'm in the same boat - I really don't understand what is going on here. What does the law say, are they allowe in the pension or not? What I do know is that Illinois Law requires cops to pay 9% (for fireman it's 9.25% I believe). Maybe Weis HAS to pay, and, if so, where the hell should he pay it? But maybe he can opt out of the pension, I don't know. It is not like the 9% is tax-deferred. I am sure it is not. So if he scoops up his 9% after 3-4 years, then why pay at all?
I don't get it.
Mike Shields needs more power! FOP president would do that! Lets push to get him elected as soon as possible! Out with the old, in with the new! 21st Century thinking is what we need! All of the FOP presidents have been
connected" and are in City Hall's pocket! I remember clearly years ago when Donahue told us that if we backed Lisa Madigan and Blago we would get 80% passed as soon as they were elected! Put Shields in! If he doesn't produce, vote him out and elect someone else!!! That is what should have happened with all the previous con artists who continue to keep their snouts in the trough! Dineen, Nolan and Donahue take care of each other! They will never go away!
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
11/25/2009 04:24:00 AM
Clearly, you have not read the law, Mr. Superintendent. Stay on your own blog.
Pallohusky flat out stole the money. J-Fed and company are doing the same, secretly and it's legal.
I am retired and a member of the Retired Chicago Police Association. If the circumstances of the discussion and the vote are as stated in this blog, then I would want Hauser to immediately resign, not only as pension fund rep, but as President of the Retired Association. The retired association was a sleepy little group that was on the edge of folding due to lack of participation. Then, all of a sudden, new blood shows up, en mass, to run for the board. When I looked at the names, I knew something was up, as they were all retired officers who were active in the FOP. It was a way to influence votes, as retired officers can vote in FOP elections. But, truth be told, no one else has stepped up to help in the association, interest in running for office just is not there. And, for the person who commented that the retired officers do not care, you are really wrong!!. Communication with the retired officers is poor and many are just not in the loop. The retired newsletter is controlled by Hauser! I also wonder what FOP is doing regarding pensions? The names of the persons who are in the pension fund need to be revealed!!
It's not a rumor, it is a fact that IPRA director Ilana Ronsenzweig is in our pension fund. WTF!!
J-Fed should be sent to prison, like he sent of Cozzi. J-fed is a thief, a snake, cold blooded vermin in the grass. Never was the police, never did a days police work and now he's gonna steal the pension.
I am a retiree of a little over 2 years. I would gladly run for the pension board if I lived in chicago. That is a problem with many of the retirees.
old retired guy
To the person who said "retirees don't give a fuck". You are an asshat. Yeah we get our checks, but how long will that go on if we keep getting screw. I cannot believe that anyone would make such a stupid comment.
Y'all thought we got rid of the "Nolan Regime" years ago? Not quite. Hauser is their guy. What say you, RCPOA?
Off Topic: Chicago Police responsible for the E2 Nightclub deaths according to news articles and comments on those same articles.
Booby Rush the bigot said police called for riot control instead of for assistance
11/25/2009 08:44:00 AM
Whateever happened to all those requests that Jesse Jackson sent to the 1st Districts Commanders office requesting special Police patrols at the nightclub? Everyone new it was a mini riot every time that bar closed numerous police shootings involving patrons of that night- club. Yet special interest groups do what they want and then scream its the police fault. The sentecing these individuals received was a very light sentence I wonder was the light sentence do to the defendants political ties.
Where is the Retired Chicago Police Officers Association in all this? Hauser is their guy. They better straighten that MF'er out if they want to keep collecting any "dues."
Come on retirees … You guys are the most represented demographic when it comes to voting … Pull that clown out of his position!
Anonymous said...
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
11/25/2009 04:24:00
*******************************
I share this confusion. If they are not around long enough to vest, then the most they can get is their money back plus a small amount of simple interest. Of course, if they die, they would get the death benefit, and I don't recallwhat that is for active members. Anyway I said this in a previous post, I just wonder if being in this fund or another as stated by Mr. Northen is nothing more than a bit of a scam to avoid paying into Social Security. I am pretty sure that if I was already retired from the G, where I never paid SS, and am now employed at an exorbitant salary that I would not want to start paying into SS. It would be nice to get that 90,000 back at the end of the 3 year stint rather than letting it go into the SS and never really getting it back. At least that is what I would do.
kenny is a sell out--- he will belly up to the bar with you like an old lost friend but he is really only worried about taking care of number 1......
"I have trouble sleeping and therefore trouble rising early"
But Hauser is a no good so and so who makes me sick
I may run for his spot next time"
Sleepy is a problemo for me too, and I tend to get gassy after Thanksgiving dinner. Uncle Kenny (ret.) reads me the riot act about my methane production every year. For family's sake, I may run for the bathroom a little faster this year.
Anonymous said...
The retirees won't dump Hauser. Why do I say that, because they don't give a fuck. They are still collecting their checks. They love the fact that daley is robbing us blind and don't care about this job. Is there a retiree that will step up to challenge him?
Can't dump someone if nobody runs against him. Retirees who move(the sane ones)out of state better have mucho pesos to run. The retirees who stay in Chicago or subs must have one good person who can step up. I've got one name in particular who is very respected ( especially by this board) who would be a perfect candidate. I won't name him. You know who he is.
Anonymous said...
Hauser is nothing but a giant turd!
11/25/2009 08:30:00 AM
Because Kenny eats a lot of "Free Shit"!
Hopefully the criminal activity on these stooges will rise to the top and there will be some indictments. Plan on it.
Anonymous said...
The retirees won't dump Hauser. Why do I say that, because they don't give a fuck. They are still collecting their checks. They love the fact that daley is robbing us blind and don't care about this job. Is there a retiree that will step up to challenge him?
As far as the Lt. goes, siding with Daley's group just put the nail in his coffin. He's a fucking dip shit for doing that.
With everything Mike has been doing to bring transparency to the board, these two dick heads side with Daley.
11/25/2009 08:34:00 AM
As a retiree, I would love to partner with Mike Shields and give integrity to the board and fight shortshanks at every turn. Nolan and his cabal virtually ensured Hauser's election, but now might be the right time to make a move on Kenny and eliminate a rubber stamp for shortshanks.
As I see it, John Northen has the right of first refusal, but if John cannot or chooses not to do it, I relish the thought of being a part of launching that shortshanks loving guy named Hauser. And fuck you Bill Nolan, you corrupt bastard.
Mike Shields is our only hope for this Department. The guy has balls, big balls.
Anonymous Anonymous said...
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
11/25/2009 04:24:00 AM
Ok, its OBVIOUS that you have no idea what is going on... weiss doesn't have to be vested. He's not SUPPOSED to be in OUR pension, which is for vested officers... whatever he gets should come from somewhere else...most likely, hes gonna get one from the city and now hes trying to get a second pension from us (just like huberman did)....
Jim Maloney has always been a stand up guy so there must be more to this story. You guys are giving him a harder time than you gave Sgt JP for alledgedly taking $1,000,000 bucks.
Ken Hauser
You sold your soul to the devil and got a payout for the last 15 years. Its time for you to find a fishing hole and spend some time there. IF YOU DO NOT !!!
YOU WILL GET A VISIT BY 2 FED AGENTS WANTING TO KNOW WHO PULLS YOUR STRINGS !!!
OLD RETIRED GUY WHO IS GONNA VOTE YOUR ASS OUT OF OFFICE.
OT, but saw this today.....
The lawsuit between Block 37 developer Joseph Freed & Associates and lender Bank of America over a $128 million foreclosure is hard to follow, but a news report filed today on Crain's ChicagoRealEstateDaily.com may shed some light on the crucial question of which side the mayor favors.
The city originally appeared to favor Freed, threatening to punish Bank of America for taking Freed to court. David Roeder reported in the Sun-Times on October 23, "An influential alderman said he is considering whether to bar Bank of America from advising the city on bond issues. 'One might question the wisdom of using Bank of America on a future bond deal, given the circumstances,' said Ald. Edward Burke (14th), chairman of the City Council's Finance Committee. The panel approves underwriters of city bonds." (No link at the S-T; here it is at the Chicago Public Library if you've got a password.)
But the receiver, appointed by the court in response to a request by Bank of America, has an interesting new lawyer. According to Crain's, "John J. George of Daley & George Ltd., will have a billing rate of $350 per hour. Mr. George's other name partner in the firm is Michael Daley, brother of Mayor Richard Daley."
Anybody want to bet on who's going to win now?
Of course, the most important question for taxpayers may be: How much is this going to wind up costing us?
Anonymous said...
Isn't there someway the combined unions could involve Lisa Madigan in this issue? Have them get the books open for us.
11/25/2009 02:45:00 AM
Lisa Madigan? You mean the daughter of Michael Madigan? The Michael Madigan of the Daley/Burke/Madigan Crime Family? You mean THAT Lisa Madigan? The Lisa Madigan who agreed to investigate LAZ Parking Inc involved in the sale of Chicago's parking meters but not the mayor? You mean that Lisa Madigan? Good idea!
Then let's get her to open her dad's campaign finances and Daley's budget and no bid contracts and consultant contracts and pension fund accounts and....
Do you see where I'm goin' here?
She is part of the problem and CERTAINLY NOT part of the answer!
Hauser has been in the tank for the city for years. He has screwed over injured po's for duty disability on numerous occasions. As long as there's a free meal involved he'll always vote the city line. Time for you retirees to step up and elect someone who will look out for POLICEMEN"S interests and send Hauser out to pasture or a buffet line somewhere.
At the Regular Board meeting of the Policemen’s Annuity and Benefit Fund of Chicago held on November 24, 2009, the trustees, in a unanimous vote, approved a transfer of salary deductions erroneously sent to the Policemen’s Annuity and Benefit Fund of Chicago on behalf of five Chicago Police employees who do not meet the total requirements to be members of this system, as noted below. The contributions will be sent to the Municipal Fund for the City of Chicago.
The Retirement Board of the Policemen’s Annuity and Benefit Fund will be holding a board meeting next Tuesday, at which time the Board is expected to approve a transfer of salary deductions erroneously received by the Retirement Board of the Policemen’s Annuity and Benefit Fund of Chicago (P.A.B.F.) to the Municipal Employees Annuity and Benefit Fund of Chicago for Chicago police officers serving in exempt ranks who do not have a civil service title of patrolman, sergeant, or lieutenant. To be a member of the PABF retirement system, an exempt employee of the Chicago Police department must have been, at one time in their career as a Chicago Police officer, in a civil service title. Though these officers were statutorily granted peace officer status here in the State of Illinois, they are still precluded from being members of the PABF because of this provision in Fund statutes, Chapter 40, Act 5, and Article 5-109.
Thank You SCC for being the only real source of City accountability. If it wern't for you, City, State and Chicago controlled Federal Government would be able to pull the wool over our eyes. Thanks to your postings, some real accountability is taking place.
PO Shields, thank you for being a stand up guy. Unlike my Lt Rep.
Comment on previous post: Yes the Festival of Lights candles have a sticker over the Chicago 2016 logo. I was there and have several of these candles. When you turn them on and look at the sticker the 2016 logo is clearly visable.
I am in the last 3rd of my career and have earned my stripes and bars. I have lived my whole life in Chicago and hate to see what 2 decades of corruption, theft and mismanagement have done to the greatest police department in the country as well as this once great City.
Thank you SCC for being the only reliable source of local news and helping us connect the dots of corruption.
Please take a few moments this Holiday season and pray for Bill Cozzi. A selfless man who rots in a shit hole prison. After all that has been done to him remains faithful to the CPD.
Remember Bill Cozzi!
My Christmas wish: Cozzi and Daley change residences in 2010.
Is it possible to file a Freedom of Information request to see Who pays into, Who the pension pays etc?
Is that a possiblility?
Why does our pension board want to fuck us over?
John J Gallagher jr. is a snake and must go. Is his middle name Judas? He is a 19th Ward lapdog and a Toady for the drunken in-bred Irish midget. Hauser and Maloney need to get on board with Mike Shields and get rid of this guy. Congrats to Mike Lazzaro for doing the right thing.
And lo and behold today, chicken s--t Maloney sends an e-mail to all the lts. wishing them a happy Thanksgiving and attaching the press release that says Weis et al are no longer in our fund but have been placed in the city fund. No word as to his refusal to vote yes for a no confidence vote in Gallagher. Well Jim, keep enjoying those free pension rep meals, cause after this term we are all gonna say, "He GONE!"
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
11/25/2009 04:24:00
They will let them "buy-in" at a reduced rate.
Ken Hauser has an office at the northwest branch of our credit union on Harlem Ave. Just stop in when you are in the neighborhood of Harlem and Foster Ave and tell him what you think of his actions. He also is on staff at the Retired Chicago Police Association 5310 N Harlem Ave. Chicago, Il 60656 Tel #1-773-763-5310. GOOD LUCK AT GETTING THIS THROUGH HIS FAT RED HEAD.
Check the website of the pension and there is a press release regarding this issue..( civilians etc. in our plan).. whether or not board members should be censured etc. I don't know.
Whateever happened to all those requests that Jesse Jackson sent to the 1st Districts
**************
Maybe he should have sent them to 021 since it was in 021 at the time...
Hey, it happened on first watch, I don't care where you are, there is no MP to respond on midnights...
Anonymous said...
I am retired and a member of the Retired Chicago Police Association. If the circumstances of the discussion and the vote are as stated in this blog, then I would want Hauser to immediately resign, not only as pension fund rep, but as President of the Retired Association. The retired association was a sleepy little group that was on the edge of folding due to lack of participation. Then, all of a sudden, new blood shows up, en mass, to run for the board. When I looked at the names, I knew something was up, as they were all retired officers who were active in the FOP. It was a way to influence votes, as retired officers can vote in FOP elections. But, truth be told, no one else has stepped up to help in the association, interest in running for office just is not there. And, for the person who commented that the retired officers do not care, you are really wrong!!. Communication with the retired officers is poor and many are just not in the loop. The retired newsletter is controlled by Hauser! I also wonder what FOP is doing regarding pensions? The names of the persons who are in the pension fund need to be revealed!!
11/25/2009 09:49:00 AM
The Fop won't even truthfully address the manpower shortage on this dept. What makes you think they care about our pension? You're lucky to be retired, receiving a pension.
OT-3 Navy SpecOps guys get thrown under the bus for giving a murderer a BLOODY LIP????????????
Mike Shields....Can't we take them to court to disclose the pension board dealings?? This seems like the ONLY way to make them come clean so to speak...we MUST know what is going on with OUR money....Weis is NOT a pensioned employee with a three year "career" in the CPD and neither is Ms. IPRA....This should NEVER be kept secret and also should NEVER be allowed...Who is Hauser and Maloney to think that THEY can do whatever they want with all of OUR money?? WTF...they are police officers too and why are they hiding information from the rank and file brothers and sisters that are REAL police officers?? This MUST be stopped...NOW!! Mike lets MAKE THEM COMPLY....Take em to court!!
http://www.chipabf.org/Special%20Events/SB_2520/Senate_Bill_Summary.pdf
Read it and know that this was the path they were headed in.
Prior service with fbi etc..ala huberman etc..
If people think Mike Shields is the answer to anything, we have many many problem. He is a self promoter that happens to be friends with that ass Yellen from Fox. God help us.
Anonymous said...
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
11/25/2009 04:24:00 AM
what you don't get is that they do not need 10 years to vest, they are exempts, they get vested as gold braid in three years, then, if they go on to some other job that can be somehow tied to law enforcement they can pay into the fund and steal a pension at the their pay rate.
The FOP supported Hauser as an active pension board rep and continued to support him as a retiree rep. Hauser was good for shit as a rep all along. He votes with the Daley block and has all along.
Ask the retirees why they keep voting him in. Ask the FOP why they keep supporting him.
donahue, bella, look out, the strong wind of change is building and will soon blow all of you out of office!
Anonymous said...
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
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I'm in the same boat - I really don't understand what is going on here. What does the law say, are they allowe in the pension or not? What I do know is that Illinois Law requires cops to pay 9% (for fireman it's 9.25% I believe). Maybe Weis HAS to pay, and, if so, where the hell should he pay it? But maybe he can opt out of the pension, I don't know. It is not like the 9% is tax-deferred. I am sure it is not. So if he scoops up his 9% after 3-4 years, then why pay at all?
I don't get it.
11/25/2009 09:07:00 AM
Under the law, Weis et al are entitled to be in the Municipal Pension fund. that is it, that and whatever 457k they can pay into.
next time the lts and captains should vote for bruce lipman
he's not a political hack
If you are going to get Hauser out,you have to have candidate to put in. Put names out there so that people can get behind them and when the election is...before its too late.
I see all the monday morning quarterbacks are here now! Where were you on Tuesday? This is a huge problem with this department. Everyone has the balls to come on this site and type away but to actually get involved no way. Lets go people, if you want the right to bitch and moan about these A@@holes then get out of your house and do something. Mike Shields has been asking for our help for well over six months now.
These board members are getting away with being piss poor managers and we need to change that. This Gallagher says he knew about the top paying into our pension since the spring but said nothing to anyone but Lux. And if it were not for Mike Shields and some others finding out about this Mr. Gallagher would have kept his pretty little red face shut about the matter.
We really need to get our acts together on this.
said...
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
Heres what youre missing
In order for an exempt member to be in the pension, he must have been in BEFORE he became an exempt member
So if Im a Lieutenant and I make Commander I can be in the pension because I was in it as a Lieutenant ( and presumably a Sergeant and a PO before that)
If I was with the FBI or the University of Kansas and then Im made an exempt member like Mr Weis and Mr O W Wilson then I CANNOT be a member of the pension fund
I didnt know this either until it was exp[lained to me by Mike Shields
ot Happy Thanksgiving to all Chicago Police Officers and families , stay safe
our third thanksgiving without a contract
Maloney and Hauser= criminals
More than you will ever know....
This whole thing was a tax move...it IS that simple. On principle, I agree that they do not belong in the fund. In practice, their money would have just been more deposits into our fund. The likelihood of it helping the fund (more deposits) was and still is great than the likelihood that their actions would hurt the fund (one of them died in office = death benefit).
Simply put: Their contributions would have earned the fund a greater return, dollar for dollar, than the simple interest they would get whenever it was that they ended their contributions prior to being vested.
Knowing that they will never obtain the ten years of time to vest in the pension would have made it more tolerable.
Again, I agree that the principle is important and that they do not belong there...and that Hubermann is different because HE WOULD be able to get the 10 years in AND NEEDED to be prevented from vesting. The current crew would have gained a tax advantage...nothing more. Keeping them out did not hurt them at all.
If you are really interested in making a difference, figure out what the hell you are talking about before posting your two cents here. I support Mike Shields, but sometimes we have to choose our battles. This was not one that needed to be fought....and if our only goal is to send messages, well then, we accomplished that...but it was a message that they already were aware of and doesn't matter to them.
Hey Mike SHIELDS...want to make a difference? How about moving to allow ANY VESTED member paying into/receiving funds from the pension to be able to review a list of all receiving payouts. It could be an on-site review. But this would allow anyone vested to defend their interests through you, our representative.
Just an idea for accountability...but it has to start somewhere, right?
How about the 26 million the F.O.P. let slide so we could have 29 and a day. ? How many POs retire at 29 and a day?
Draft John Northen to replace rat traitor Hauser.
With Shields, Lazzaro and Northen guarding our pensions, we've got a chance. Maloney should be tarred and feathered for selling his soul.
What about Huberman, Rosenzwieg, Vanecko and Slugger Daley in Moscow.
That f-ing John Gallagher needs to go! NOW!
Hauser is a Nolan guy from FOP and has never been a real policemen, he just gets fat on free lunches and writes statistics in the Pension Board newsletters. He does not represent my interests as a Retired Police Officer. He should do the honorable act and resign before the truth is told. A Retired Guy .
The retirees won't dump Hauser. Why do I say that, because they don't give a fuck. They are still collecting their checks. They love the fact that daley is robbing us blind and don't care about this job. Is there a retiree that will step up to challenge him?
As far as the Lt. goes, siding with Daley's group just put the nail in his coffin. He's a fucking dip shit for doing that.
With everything Mike has been doing to bring transparency to the board, these two dick heads side with Daley.
THIS I DON'T BELIEVE. THE RETIREES DO CARE ABOUT THE SHAPE OF THE PENSION AND THEIR FELLOW, STILL ON THE JOB OFFICERS. THESE ARE GOOD MEN WHO EARNED THEIR PENSIONS AND WANT OTHER GOOD MEN TO RETIRE,LIVE LONG, AND ENJOY THEIR PENSIONS TOO. IT'S STILL A BROTHERHOOD, DESPITE ALL ATTEMPTS TO KEEP US IN DISSENTION. DON'T BUY INTO THEIR BULLSHIT, WE'RE STILL ALL TOGETHER. ANY RETIREES CARE TO LET ME KNOW IF I'M RIGHT ON, PLEASE COMMENT BELOW.
I'm sorry but I fail to understand why they shouldn't be in the Pension Fund. Secondly, I don't understand why anyone worries about it. None of them are likely to be around the 10 years required to vest so when they quit, get fired or die all they get back are their contributions anyway. Perhaps by having a stake in the pension, they will try and ensure that the fund remains strong, at least while it benefits them.
I'm sure I must be missing something, but I don't get it.
DON'T COUNT ON IT. THESE SNEAKS ARE ALWAYS UP TO SOMETHING. THEY WILL PROBABLY PULL SOME DISABILITY SHIT, THEN SIT BACK TILL IT'S TIME, THEN RETIRE AND COLLECT, OR SOME OTHER SCAM THAT THE POLITICIANS, FOR THEIR CUT, WILL GO ALONG WITH. . THEY'RE WEASELS, DON'T TRUST EM AT ALL.
fire dept scandal in da works?
Hauser and Maloney & Gallagher, OFF WITH THEIR FUCKING HEADS !!!!!!!!!
We do not need daley suck holes on our pension board.
What is the retired Chicago Police Assn?? I am retired 11 years and have never heard of it. I asked many of the people I know and they do not know. Must be a North side thing. What buffet do they meet at??
How come you do not hear a lot from the president or officers of the FOP. Yes he wrote a letter and called anyone who did not agree with him and Da mayer names. He was heard from when he is pimping for Daly but where is he on the pension????
Isn't there someway the combined unions could involve Lisa Madigan in this issue? Have them get the books open for us.
___________________________
Good idea! Never heard of a dishonest Madigan!
P.S. Masters
Hey SCC, don't know if you can publish this since it's a quote from a paper but I thought I'd try.
A quote from Daley himself today in the Trib regarding property taxes....
"He noted that a married police officer and nurse could have incomes approaching $200,000 but still struggle to support their families."
So where the hell is our contract? With retro? And our cost of living increase? The fact that he publicly stated this should be brought up at arbitration.
From a pissed retired guy, to Houser, Malony, and Gallagher,and the appointed, anointed ones.
Here is the reality of the situation. You are playing with peoples lives for some personal gain. That is a rather risky game. You are supposed to strive for the good of the membership, not the good of each other. There must be some hidden perks involved in order for you to sell out your brothers. Hopefully, you will fall under the fed microscope before you can do more damage.
Oh, thats right. That can't happen because a fed going to steal his share..
OT: Today's Oprah Show is about the wonderful United States Senator Edward "Ted" Kennedy and his legacy and his memoir entitled True Compass. Oprah was in awe and over-the-top reverent.
I can only hope Teddy is burning in hell and that Ms. Mary Jo Kopechne was allowed to deliver him to his true and just reward. Burn you coward bastard. True Compass my ass. True Coward is more like it.
Fuck the LT's!!! They have been back stabbing self interested sell-outs for a long time now!!! But why the fuck would they vote in a Daley fuck like Mahoney to rob their own pension? Why? Well, in one word I can tell you why..MERIT!!!They want a gold star and will do anything to stay in good suck-hole standing to get it!! What a JOKE this Mahoney guy is. Houser is worse, but no one will run against him.
We all need to realize that it's not just this one incident that Maloney and Hauser have voted with the Daley crew, it's numerous incidents. Mike Shields has just in the past year brought this shit to our attention. Imagine all the shit things they have voted with Daley on before Shields. DUMP MALONEY AND HOUSER ASAP!!!!
bogus
Does anyone remember the Pam Zekman story about courtesy parking at Wrigley Field last summer? One of the people who parked and was caught on camera was Hauser.
And what did RETIRED Hauser do? He ran like a bitch! No balls prick. I understand if an active member is shy to be on camera, but what can Pam Zekman do to a retired PO? Nothing! But Hauser ran like a bitch.
He's been running scared for a long time, and his actions with the pension board are no different. He should completely retire!
If people think Mike Shields is the answer to anything, we have many many problem. He is a self promoter that happens to be friends with that ass Yellen from Fox. God help us.
___________________________________
Nice Try Masters!! This kid has already saved the pension fund millions on Huberman, Weis, Brust, Daly, Masters alone. Let him have his moment, he's earned it. What have you done to help your fellow officers???????
Why no comment from the FOP regarding the federal carpetbaggers stealing from our pension fund? Mark is a lame duck and can't run again. And Bella? Stick a fork in that turkey cause he's done. Mike Shields for FOP Prez.
If people think Mike Shields is the answer to anything, we have many many problem. He is a self promoter that happens to be friends with that ass Yellen from Fox. God help us.
11/25/2009 04:59:00 PM
Call him this call him that. You try doing what he's doing for coppers. Hide behind your anonymous blog and talk your shit.
I respect Shields cuz he makes policemen appear intelligent to the viewer at home. He doesn't sound like some inarticulate babbling fool like the public wants to think of coppers. Him using a media outlet for our advantage shouldn't be criticized. God Bless him and I urge him to keep this up.
next time the lts and captains should vote for bruce lipman
come on Bruce, you were on the board with them (Nolan and Hauser), and kissed their ass the entire time
How about John Northern for the P board?????
Anonymous said...
How about the 26 million the F.O.P. let slide so we could have 29 and a day. ? How many POs retire at 29 and a day?
11/25/2009 07:18:00 PM
========
Do you even know what you're talking about? No. It's not just "29 and a day", it's 52.5 % instead of 52 % at 20 and a day, 55% instead of 54% at 21 and a day, 2.5% per year after 20 years instead of 2.0% per year. Everyone who stays more than exactly 20 years benefits. A little more each year. And we will all make that back.
Asswipe.
You're probably one of those idiots who screamed and wailed overwhen you were going to get the healthcare at 55 and then decided to stand pat because you figured out you don't have anything to do with your life.
Once again: asswipe.
(Not asshat, because that is SCC's line).
'next time the lts and captains should vote for bruce lipman
he's not a political hack"
Your right but he is a self serving complete and total stroke. He is the smartest man in the police department, just ask him.
If you are going to get Hauser out,you have to have candidate to put in. Put names out there so that people can get behind them and when the election is...before its too late.
11/25/2009 05:27:00 PM
Rick Aztan, soon to be retired. He's articulate and honest.
Jim Maloney is a standup guy. Hauser is a hack left over from the Nolan years, but he voted right also. The press release from the board states they voted unanimously to remove the feds from the pension after gallagher let them in in error. SCC you and Northside owe Maloney and Hauser a huge apology for jumping on a rumor without fact checking.By the way, Jim Maloney was elected by the lts. The commission that he is on to study the pension fund is separate from the board and he was appointed to represent the board on the pension study commission. Jim Maloney owes nothing more to Daley than you do.
Nice Try Masters!! This kid has already saved the pension fund millions on Huberman, Weis, Brust, Daly, Masters alone. Let him have his moment, he's earned it. What have you done to help your fellow officers???????
********************************
The only thing that matters at the moment is that sheilds has acted appropriately on OUR behalf, and that's what these people are supposed to be doing.
And while it's a nice jab at Masters, you forgot that shitbag ain't a cop, never will be a cop, hasn't got the balls to be a cop and can't find a job on his own with all his alleged credentials other than working as a hack for another hack.
Just because this fuck illegally carries a gun against city and state laws and attempts to get the real police to do as he says won't ever make him a cop and he will never have the authority to issue orders to the police to take ANY particular police function.
Supposedly, Gallgher refuses to release any sort of list of who is actually paying into our pension and stunts like J-Fed and Co.
---------------------------------
Is it even legal for him to release such a list?
Jim Maloney is a standup guy. Hauser is a hack left over from the Nolan years, but he voted right also. The press release from the board states they voted unanimously to remove the feds from the pension after gallagher let them in in error. SCC you and Northside owe Maloney and Hauser a huge apology for jumping on a rumor without fact checking.By the way, Jim Maloney was elected by the lts. The commission that he is on to study the pension fund is separate from the board and he was appointed to represent the board on the pension study commission. Jim Maloney owes nothing more to Daley than you do.
_______________________________
That isn't the issue so don't confuse it. The issue is not voting to bring transparency to who is contributing to our pension fund and a no vote of confidence on Gallagher. The pension board is running scared bc Mike Shields is uncovering all their bad investments and back door dealings and the rest of them don't like it.
There are plenty of smart people on this job, to include lawyers and accountants who are tried of the bad pension investments. I can manage my money much better then they could. So to all the Daley supporters and gallagher supporters, go fuck yourselves, so time is running out.
If people think Mike Shields is the answer to anything, we have many many problem. He is a self promoter that happens to be friends with that ass Yellen from Fox. God help us.
11/25/2009 04:59:00 PM
Robbins? Gallagher? Hauser? Is that you?
Shields has done more at the pension fund than anyone. ever.
It must be nice sitting at home typing away making fun of everyone and everything. Where were you all on Tuesday? Probably sitting on your asses making fun of everyone and everything. It's amazing the lack of backbone in this department. Sure we gotta big bark but I think our dentures fell out because we have no bite.
I'm so tired of hearing the constant whining while nothing gets done. Mike Shields has been asking for our help for months now and no one has answered his call. Mr. Gallagher for those of you who were not at the meeting, admitted to knowing about the b.s. with the uppers being in our pension since spring. He told Lux but did nothing about it. Why? Because he would have kept his red faced mouth shut if Shields and others didn't find out about it.
We are lucky to have Shields as our representative! You Lts and retirees better start paying attention to your reps. They arent worth a damn.
Our Pension problems are more than just J-Fed and his band of men in pink tights. Daley has set up a commission to study pension costs. They have never talked at their meetings about a two-tiered pension (new hires in a 401k) but several have done so in a newspaper.
We also have Mayor Chuckie’s nephew getting loans from the plan too. Last year our investments tanked just like everyone’s deferred comp did. This year if you stood pat you did ok and so did our plan. But we also have the city treasurer sitting on the Board and she is approving investment money for people who make campaign contributions to her re-election fund. That would be a huge conflict of interest in any city other than Chicago.
While these problems are not a good thing in of themselves, they will make it impossible for Mayor Chuckie to go to Springfield and change our pension to a 401k with so many dark clouds hanging over what he, his family, and his friends and appointees have been doing to our plan for years.
With the patrolmen making up so much of the money that goes into our plan should our vote be weighted more? Mike let see if you can get that done. I know that you have brought many things to the lime light but now we need to see some accomplishments. You are just one vote, it is OUR own responsibility to keep their feet to the fire. And if we need to file Federal subpoenas to get answers Mike that is your next step.
T
R
P
Anonymous said...
Jim Maloney is a standup guy. . Jim Maloney owes nothing more to Daley than you do.
11/26/2009 06:11:00 AM
+++++++++++++++++++++++++++++++++++++++++++++++++
Answer ONE question please. Why does he keep voting with the city on so many issues? Tell is Jim!!!!!
Shields will be without any doubt next fop or pension board president! Thanks Mike from a KMA member!
If people think Mike Shields is the answer to anything, we have many many problem. He is a self promoter that happens to be friends with that ass Yellen from Fox. God help us.
________________________________
Somebody's jealous! Shields is doing a great job. We need someone who's not afraid to use the media. The FOP was asked to use the media to publish the plight of duty disabled POs. They wouldn't. So far on the issue of increased benefits for disabled POs the FOP stands mute.
Anonymous said...
next time the lts and captains should vote for bruce lipman
he's not a political hack
11/25/2009 05:11:00 PM
Then how did he find his way to Exempt rank?
Anonymous said...
How about the 26 million the F.O.P. let slide so we could have 29 and a day. ? How many POs retire at 29 and a day?
11/25/2009 07:18:00 PM
***********************************
OK, I am confused. What 26 million, and what quid pro quo? Don't beat me up, I am retired and no longer live in the Chicago area, and I am curious.
Anonymous said...
http://www.chipabf.org/Special%20Events/SB_2520/Senate_Bill_Summary.pdf
Read it and know that this was the path they were headed in.
Prior service with fbi etc..ala huberman etc..
11/25/2009 04:29:00 PM
*********************************
I do not know if this has passed or not, I thought that it did, but in any event you should probably read the entire bill. It definitely does NOT apply to prior federal service, but only to various state and local entities that perform a police function. It seems that the buy in is pretty steep too.
***********************************
Anonymous Said
what you don't get is that they do not need 10 years to vest, they are exempts, they get vested as gold braid in three years, then, if they go on to some other job that can be somehow tied to law enforcement they can pay into the fund and steal a pension at the their pay rate.
11/25/2009 05:03:00 PM
***********************************
This too is incorrect. Exempt vest in the pension like anyone else, time on the job and age. I believe it is presently 23 and 53, the memory starts to go, at that point you get the basic percentage based on the best 4 years out of the last 10 years. It is an average of the best 4 years that the percentage, which mases out at 75 percent is based on. There is no exception for Exempt ranks. Thre is also no provision for later service, only prior service, but not with the Federal Govt. ILCS Article 40. You should all read it some time before you retire. This whole thing is a phony issue and is a tax Social Security thing.
Anonymous said...
Fuck the LT's!!! They have been back stabbing self interested sell-outs for a long time now!!! But why the fuck would they vote in a Daley fuck like Mahoney to rob their own pension? Why? Well, in one word I can tell you why..MERIT!!!They want a gold star and will do anything to stay in good suck-hole standing to get it!! What a JOKE this Mahoney guy is. Houser is worse, but no one will run against him.
11/25/2009 11:30:00 PM
---------
I'm a Lt. and I don't want a gold star.........
'next time the lts and captains should vote for bruce lipman
he's not a political hack"
THIS AD BROUGHT AND PAID FOR BY BRUCE LIPMAN AND THE MENSA SOCIETY.
Anonymous said...
It's not a rumor, it is a fact that IPRA director Ilana Ronsenzweig is in our pension fund. WTF!!
11/25/2009 09:48:00 AM
???????????/ How did that get through? Who voted her in???
Another independent Gallagher move????????????
Why aren't they so "transparent" in their bullshit newsletters about this back-door fraud behavior?
Here's a person who is basically out to get police officers and she benefits from our pension fund. Unbelievable.
Jim Maloney is a standup guy. Hauser is a hack left over from the Nolan years, but he voted right also. The press release from the board states they voted unanimously to remove the feds from the pension after gallagher let them in in error. SCC you and Northside owe Maloney and Hauser a huge apology for jumping on a rumor without fact checking.
___________________________________
The post was about Gallagher playing secret squirrel with our pension fund money and Hauser and Maloney voting that Gallagher did no wrong hiding the fact that Weis and & Co were in our fund.
There were only 2 trustees that Gallagher discussed this with, LUX and ROSCHE (?), and that fact comes from Gallagher himself! Both were appointed by the mayor. The big error was that they got caught!
The post is correct. Another point, Gallagher mentioned he had only 18 months left before he's maxed out. So I guess he's making his bones now for his next cushy position.
YOU OWE SCC an apology.
If Bella does Run you would be a fool not to vote for him. Shields is a fine guy and wants to do a good job, but has he ever been in trouble? Does he know the system? ITs not about flash and good press or even self promotion..its about experience. KNowledge of the game.
Don't follow the spin , follow experience
The problem with the pension board members is the freebeeies that they are given by the various investment advisors. Free junkets to different places as the advisors try to get their hands on pension money. Once you are hooked, you are no longer free.
How about looking at the freebeeies that are given to those pension board members?
Got this in the department email yesterday from Jim Maloney:
PRESS RELEASE UPDATE
At the Regular Board meeting of the Policemen’s Annuity and Benefit Fund of Chicago held on November 24, 2009, the trustees, in a unanimous vote, approved a transfer of salary deductions erroneously sent to the Policemen’s Annuity and Benefit Fund of Chicago on behalf of five Chicago Police employees who do not meet the total requirements to be members of this system, as noted below. The contributions will be sent to the Municipal Fund for the City of Chicago.
The Retirement Board of the Policemen’s Annuity and Benefit Fund will be holding a board meeting next Tuesday, at which time the Board is expected to approve a transfer of salary deductions erroneously received by the Retirement Board of the Policemen’s Annuity and Benefit Fund of Chicago (P.A.B.F.) to the Municipal Employees Annuity and Benefit Fund of Chicago for Chicago police officers serving in exempt ranks who do not have a civil service title of patrolman, sergeant, or lieutenant. To be a member of the PABF retirement system, an exempt employee of the Chicago Police department must have been, at one time in their career as a Chicago Police officer, in a civil service title. Though these officers were statutorily granted peace officer status here in the State of Illinois, they are still precluded from being members of the PABF because of this provision in Fund statutes, Chapter 40, Act 5, and Article 5-109.
Looks like they aren't in the pension plan anymore....
I'm sure I must be missing something, but I don't get it.
YOU MUST BE A PHD!
when is the next election?
John Northen, I would love to see you run for the the retirement board position Hauser has. I know we would have 2 true voices on the board for all of us. I know it would be a landslide win for you. How about it. would you help us out.
Is it even legal for him to release such a list?
Are you fuckin nuts????? It's our money!
I ALWAYS WONDERED WHY LT'S HAVE A VOTE IF THE DEPARTMENT HAS MORE DETECTIVEs.
HELL JUST THE PEOPLE WHO GET D-2 PAY OUTWEIGH LTS.
MAY BE THAT THE ANSWER?
LTS ARE MANAGEMENT AND SHOULDNT EVEN HAVE A VOTE.......LET THE MAYOR USE HIS APPOINTED SPOT IF HE THINKS THE LTS ARE SO GREAT!
ANYONE KNOW HOW TO CHANGE THE BOARDS STRUCTURE?
I was at the meeting and have known Jim Maloney since the 24th district back in the day. He is as sharp as they come and is as straight as an arrow. I am sure that he had a good reason for voting against the reprimand for Gallagher. Maloney knows sometimes a little diplomancy goes a long way,. Hauser is another story entirely. He is as phony as his wig.
Come January 1 we will find out as that is when the new FOIA rules come into play and almost everything is open to the public.
Anonymous said...
Anonymous said...
It's not a rumor, it is a fact that IPRA director Ilana Ronsenzweig is in our pension fund. WTF!!
11/25/2009 09:48:00 AM
I learned she was in but is now in the Municipal pension fund, like the others.
Gallagher needs to be forced in court to produce the documents showing who is paying into our fund, that is, which civilian fucks he let in without our knowledge in year's past. The only reason he won't produce this info is because he has so much to hide.
Gallagher is a daley appointee and therefore not to be trusted.
Lawsuit.
If Maloney is such a stand-up guy then why did he vote against the motion of vote of no confidence on Gallagher and the letter of admonishment vote?
Why did he vote for paying the law school tuition of Gallagher's dolly secretary, the relative of a former commander?
Stand up? I am sick of stand up guys like that. I like the new stand up guy, Mike Shields, who never sided with the enemy.
Personally, I like it that Shields has some media person he can talk to to get stuff out in public. If he didn't have Yellin I would personally help him get the ear of someone else.
What outrage has Maloney or Hauser ever made public? How many grand thefts of pension funds have Hauser and Maloney quietly let slide by?
Why did Hauser and Maloney not sound the alarm at the law school tuition? Why did they not vote it down? Why did they not vote with Shields on the issues of this thread?
They are NOT stand-up, they are lousy hacks and they need to be former pension board reps. They can do their stand up routine at the retiree breakfasts and relive old glories and swindles.
We need to preserve what is left of our pension fund!
If Bella does Run you would be a fool not to vote for him. Shields is a fine guy and wants to do a good job, but has he ever been in trouble? Does he know the system? ITs not about flash and good press or even self promotion..its about experience. KNowledge of the game.
Don't follow the spin , follow experience
11/26/2009 01:37:00 PM
This message has been brought to you by Mark & Greg! happy thanksgiving guys!
Is it even legal for him to release such a list?
Are you fuckin nuts????? It's our money!
--------------------------------
There are federal laws regarding what kind of information can be released for privacy reasons. Its entirely possible it is against the law to release a list of potential beneficiaries.
And technically it is not your money at all. You have a claim on benefits paid out of the fund but no ownership in the assets of the fund at all, even if you are vested.
In any case, being a defined benefit plan, unless the city goes bankrupt, your benefits are safe. If the city goes bankrupt, who knows what the deal might be. Thats why you should be screaming bloody murder about the dubious investments the fund holds, and not about a few people being in the plan that might not belong there.
You ought to be demanding an open audit be performed on what assets the fund holds and what they are really worth today, as opposed to what the fund is claiming they are worth. The results of such an audit would probably make you violently ill.
Instead of demanding an audit of the fund and its assets, you allow yourselves to be diverted to some unimportant issue like a few people in the fund that might not belong there.
Even if they kick a few people from one fund to another one, it won't change the underlying assets in the fund one iota.
"If people think Mike Shields is the answer to anything, we have many many problem. He is a self promoter that happens to be friends with that ass Yellen from Fox. God help us"
Christ, anybody who knows Mike Shields knows he's the real police. The guy actually gives a shit about our money and people like the above jump on him. Typical Chicago bullshit.
I knew Mike when we were in 011. He was a year ahead of me out of the academy and he more than anybody helped teach me how to be the real police. Who gives a fuck if he's brash, it's about fucking time someone stand up for the PO's of this city. He's the real deal.
Thanks Mike and keep up the good work.
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