$500 Million
Did anyone call the Pension Board to see if the City made the required contribution?
What was the due date on it?
Someone keeps asking in the comment section and we thought we'd save them the time of actually, you know, making their own damn phone calls and stop clogging up our comment section with something they could find on their own.
Plus, we'd like to know if the Pension Board is going to have to sue Rahm to get it - that seems to be the only way to get anything done around this city.
What was the due date on it?
Someone keeps asking in the comment section and we thought we'd save them the time of actually, you know, making their own damn phone calls and stop clogging up our comment section with something they could find on their own.
Plus, we'd like to know if the Pension Board is going to have to sue Rahm to get it - that seems to be the only way to get anything done around this city.
Labels: pension
posted by SCC at 12:02 AM
50 Comments:
Powerball!
the pay dates are april and october. first payment will be about 95 million.. the 2nd payment in october will be the remaining balance.
Not betting my pay check on that!!
Maybe they can buy a Powerball ticket and if they win, just put it in the pension fund.
Don't count on FOP.
Speaking of FOP - where the F&#K are they?
Are they waiting in their chairs to get the call they "just got that Merit Promotion they've been waiting for."
New Year? NO, same as the last as far as FOP is concerned.
Maybe our pension board could wrap their heads around
BUYING SOME POWERBALL TICKETS today.
Rahms to do this----
1. Attain title of "Fuhrer"
2. Make buddies millions
3. Install more traffic camera
4. Outsource throwing cops under the bus
5. Make that bus environmental friendly, low carbon
6. Get more tasers
7. Get a finger implant-- so people stop getting weird out about it
99. Get money for police pension
When I saw > "$500 Million"
I thought you were talking about the latest POWERBALL jackpot.
But that is now $800 Million
My My, just think about all the money raised for education by that Lottery jackpot alone. Why that could hire more teachers, build new schools, new computers, school security and lunches the kids would want to eat. But this is Chicago and Rahm, Daley and Vaneko have already skimmed their share. It must be nice to win the Lottery every time.
The City bought $50 worth of Powerball tickets, hoping that will fix the problem.
They spent it on lottery tickets
I Think they used it to pay off Laquan's biological donors.
Not his parents, because they never parented the thug properly.
For those of us who are clogging up the comment sections with a legitimate pension concern that affects everyone in the Dept, we are trying to get a legitimate or honest answer, because we can't get one from either the Pension Board or the FOP. Not by calling, not by attending meetings, not by websites nor by reading their news rags. So, we apologize for OT comments regarding the pension payment due and will reserve OT comments for making fun of dork coppers in our districts.
Maybe they intend to buy a POWERBALL ticket?
I will believe it when I see it.
Maybe he bought lottery tickets for the City for tonight to try and cover it.
No, but instead they bought a Powerball ticket and a card saying: "Good Luck".
Probably the same chance at winning the Lotto as seeing the cash deposited.
To my knowledge the money is not actually due till July 1st.
Pension board won't Sue the city. Their strategy for pension fund solvency is to attack the character of members on duty disability to get them all back on the Police payroll. They'll never press the city for the required payments. Easier to attack a disabled cop. Go Mike
Mike Lappe might know?
I am glad someone is asking over and over til we can all get that answer.
If no payment, sue their asses off
They should have played the 700m powerball drawing
Good Question, did it?
And some one should keep asking this question.
If the payment was made, that is news. If the payment wasn't made, that's even bigger news.
I am glad to see this post because I was wondering if ANYONE was following this issue.
And why isn't the news media covering this? Did Rahm put a brick on the news media to protect his ass from yet another major embarrassment?
And what about the credit reporting agencies? You'd figure if anyone would be monitoring it, they would be.
Yet not a word from anyone. WTF?
Call the next case. Not a cop.
Just think, retired guys. All of a sudden those pension checks don't come..
I heard Rahm bought a quick pick for the power ball drawing and if he wins he promised to make that $500 million paymen.
They did not...rather they sunk the January required contribution amount into Powerball tickets!! We should be all caught up by tomorrow!!
maybe the city will buy a lottery ticket as a potential way to deal with the financial mess
Not to worry Tiny dancer has lots of money he is spending a billion on O'Hara runway I am sure he will pay what he owes ha ha ha ha ha ha
Don't be so cynical SSC, rahm promised,and is required by LAW to do this of course he would never break the law or a promise! /sarcasm
Rahm bought a powerball ticket.
Problem solved.
I retired, and it took an extra month for the pension board to meet and "approve" my pension.(Normal pension, 25 years on) I got the back pay in a later check, but don't believe that you will get your first check in 6 weeks. Have a little emergency cash on hand my friends.
The pension board works like the police department. Call someone and they are out to an early lunch. Call back, and they are gone for the day, leave a message. Everything rolls in slow motion, and you better have your t's crossed, and your i's dotted.
Now what makes you think they give a rip about something as unimportant as a pension contribution...?
just ask'n...
Yea Im sure the FlOP is all over it too
No because Rham is to busy paying so called parents, who gave away custodial rights to their son 10 years ago, which means she and he are no longer a mother or father to their so called son. 5.9 million dollars! there is your answer!
Don't worry. Rahm's got a plan.
Rahm's planning on winning tonight's Powerball and with those winnings he'll make that $500 million contribution....... that's Rahmenomics at its finest.
I am retired and since turning 65 I have to pay for my healthcare, not provided free for retirees when you hit 65. its about 1500.00 per month for me, my wife and son. plus the 105.00 each month for medicare payment. my question is that I have heard that our pension board trustees have turned against the retired police officers in our fight against the city due to Rahm refusing to pay what the city is supposed to pay towards our health coverage. I have heard that Ken Hauser a retired officer and Mike Lappe still active have taken a stance against the retired officers. I truly hope that this is not the truth as I have always thought highly of both of them. Brothers and sisters you need to start your war now.
I referred that serial poster to sites where he/she could find answers or direct them to other sites that could further their knowledge of the issue.
That person still continued to ask the same damned question in later threads.
Dumb is as dumb does.
Payment has to be made by the 1st quarter of this year 2016...
Off topic.
I phoned the FOP the other day with a question as to their take on a CPD policy position that was given to me by a 35th St. low level boss of that unit.
"Dolly" at FOP did not understand my question and went and asked the PRESIDENT of FOP the wrong question and I was told to phone the unit with whom I was at odds. Tells me to ask the same people that I believe to be wrong. THANKS.
I tried to explain that she did not understand the nature of my question, re-explained it, and off she went to talk to the PRESIDENT again even though I asked for her to just connect me with him since he was available.
She returns and tells me that the PRESIDENT says that they have no control over policies of the Department. WTF! I wanted to know if FOP had a take on the position I questioned of the Department, not whether they ran the Department show.
So, the president has time to answer the questions that are not understood by the well qualified [wink, wink] Dolly but won't take the time to talk to a FOP member? What a fucking tool.
Rant out.
pension$ & health care premium$.2 things you really need to research before you pull the pin.this fucker on the 5th floor want us working until the day we die,paying into the demorat slush fund.very simple.
Maybe the pension board could buy a powerball ticket. Its currently over $700 million.
"Someone keeps asking in the comment section and we thought we'd save them the time of actually, you know, making their own damn phone calls and stop clogging up our comment section with something they could find on their own."
These are the same, lazy coppers that constantly ask "what's the FOP doing", etc.
It's easier to bitch on the blog than pick up the phone, get the info, and share it here.
Anonymous Anonymous said...
Just think, retired guys. All of a sudden those pension checks don't come..
1/09/2016 07:53:00 AM
We think about it all the time. It burns a hole in our brains and affects every decision we make and every purchase we contemplate, It makes us sick due to the stress. So, what was your point, 0753hrs?
The people that run this city are so dirty and sneaky we can never believe a word they say Never! This worries me when they say the property tax increase will go to fix the pension. They will just say it's an emergency and the money is needed for someting else.
Anonymous said...
Off topic.
I phoned the FOP the other day with a question as to their take on a CPD policy position that was given to me by a 35th St. low level boss of that unit.
"Dolly" at FOP did not understand my question and went and asked the PRESIDENT of FOP the wrong question and I was told to phone the unit with whom I was at odds. Tells me to ask the same people that I believe to be wrong. THANKS.
I tried to explain that she did not understand the nature of my question, re-explained it, and off she went to talk to the PRESIDENT again even though I asked for her to just connect me with him since he was available.
She returns and tells me that the PRESIDENT says that they have no control over policies of the Department. WTF! I wanted to know if FOP had a take on the position I questioned of the Department, not whether they ran the Department show.
So, the president has time to answer the questions that are not understood by the well qualified [wink, wink] Dolly but won't take the time to talk to a FOP member? What a fucking tool.
Rant out.
1/09/2016 11:18:00 AM
Maybe you could go to an FOP meeting and voice your experience there.
I heard that Rahim had Lotto TICKETS purchased
Anonymous said...
I am retired and since turning 65 I have to pay for my healthcare, not provided free for retirees when you hit 65. its about 1500.00 per month for me, my wife and son. plus the 105.00 each month for medicare payment. my question is that I have heard that our pension board trustees have turned against the retired police officers in our fight against the city due to Rahm refusing to pay what the city is supposed to pay towards our health coverage. I have heard that Ken Hauser a retired officer and Mike Lappe still active have taken a stance against the retired officers. I truly hope that this is not the truth as I have always thought highly of both of them. Brothers and sisters you need to start your war now.
1/09/2016 10:57:00 AM
As of now the pension board is paying the same percentage now that they have been paying for the last 20 years. I think its like 13% and have not heard of any change coming.
Maybe they bought a lottery ticket
There is no "Dolly" that works for FOP.the next FOP meeting is on Tuesday January 19th at noon, be there, step up to the Mike and ask the question.
Anonymous Anonymous said...
There is no "Dolly" that works for FOP.the next FOP meeting is on Tuesday January 19th at noon, be there, step up to the Mike and ask the question.
1/10/2016 02:10:00 AM
=========================================
My phone conversation was with a female. It was on 05 Jan 2016. You must be one of their lacky's, so I'm sure you can find out who was answering the phone that day. If she doesn;t work there, then what the fuck was she doing answering the phone and going back and forth to the "PRESIDENTS' office for with my misunderstood question?
Enough of of my time was wasted on the phone with the clowns at FOP as has been by reponding to you, so no, I will not attend the next meeting. Besides, it costs too much to travel there from out of state.
Keep drinking the FOP Kool aid that both the FOP and Department is dispensing to you.
Don't waste your time trying to get any legitimate answer from anyone connected to flop.
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