Pension Publication
Someone sent us this, and it's an interesting read:
What's truly interesting is Page 112, Chart #82. Here's a screen capture:
What's truly interesting is Page 112, Chart #82. Here's a screen capture:
That is the manpower paying into the pension for the CPD, from 2006 thru 2015. And it shows, beyond any doubt, that manpower dwindled from 13,749 to 12,061 - a reduction of 1,688 officers. If you don't think that has a lot to do with the current rising crime trends, well, we can't help you.
Labels: department issues, pension
posted by SCC at 12:05 AM
82 Comments:
FUCK the crime trend.
PAY into the pension fund.
Has anyone tried to figure out how many police officers could have been hired with all that overtime Rahm throws around ?
Dean angelo and Mike Lappe need to be asked to explain the numbers below about our pension administrative cost. You two guys are in charge and want to address waste well here have it.
Below are numbers for wha our pension fund spends every year since 2006 to 2015 on medical doctor reports and doctor consulting fees. Then below are legal fees. Since 2006 the pension board has authorized a total of 2,841,316 dollars. Almost 2.9 million on doctor consulting. This is a total waste of money. Mr. Lappe raves about saving money on coppers being on bs for injuries and he the allows this much money go to this. This is called special interest Lappe and Deano. This is a example of taking care of others and not your own who did there jobs and risked their lives. Lappe and Angelo need to get real about this and called out. Angelo now is back to the department and has miraculously healed. He will retire with bump in pension due to leaving with a higher salary. How convenient Dean.
These numbers blow my mind in how high they jump between 2008 to 2015. This is waste and needs to be addresses as officers are having benefits taking against the CBA while Dean does nothing . Dean what about Don O'Neills double dipping self. He was your partner back in the day. Lappe and Dean should address gold braid pensions as well.
Focus officers. Angelo and Lappe are scum.
Doctors fees
2006: $87,999
2007: $176,978
2008: $217,251
2009: $240,341
2010: $187,073
2011: $238,718
2012: $374,528
2013: $448,196
2014: $403,884
2015: $466,348
Total: $2,841,316 in just doctor consulting
How many officers have been removed from disability and how much money has been saved for our pension fund Lappe and Disability Dean?
legal fees
2006: $160,927
2007: $215,430
2008: $240,450
2009: $291,210
2010: $315,263
2011: $270,867
2012: $753,508
2013: $461,222
2014: $452,729
Total : $3,161,606 in legal fees lost from our pension fund to friends of Lappe and Disability Dean
Keep in mind the lawyer that represents the pension fund who we pay Kugler has his family members on the pension payroll as well.
Dean Angelo and Ray Casiano hired Maggie O'Grady who 4 years ago retired from working at the pension board and gets a pension from our fund and now collects a paycheck and double dips all on the backs of working cops.
1500 off the bat from lil asshole This is shocking why ?
Rham you son a bitch, where are those 1000 cops... Looks like you owe 1000 + 1700 = 2700 cops to CPD... Better yet to the citizens of Chicago who risk an battery or viscous attack for your lack of balls. Nice, Rham- is this appropriate ----"You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before."
YOU HEARD IT HERE FIRST....
You kids with less than 10 or 15 years on can expect a Pension Buy-Out Option being presented in the very near future. Your contributions to date plus simple interest based on the mean returns of the benchmark S&P over the years of your employ with CPD.
Those with 20+ years on will be grandfathered in and receive traditional pension amounts depending on years of service when they pull the pin.
Those with 29+ a day will be able to leave regardless of age, but expect a 1/2% per year increase for insurance for those years difference to age 55.
Expect minimum retirement age to be increased first to 58, then to 60 sometime after 2020.
MORE with LESS is the murder mayor's motto; MORE dead bodies, LESS Policeman to protect the city residents, a masterful plan to say the least...
In a similar vane I see that chalkie woke up during the storms later yesterday and overnight. I believe that the number is about 4 killed. Man. you just cannot predict what that little denizen will do.
Right now, Rahm is looking for the delete button on his computer for that page.
Now, kees me you fool!!!!
I retired at 63. Worked in patrol in a ghetto right to the end. Just because I did it doesn't mean you can. It isn't easy.its not even smart.
28.2% Funded Ratio! Yikes, I knew it was bad but, not that bad.
Should've stayed in school
In the last 3/4 years there are about 100 less officers on disability. That's 100 paying into the fund instead of drawing a check.
O'Grady is going to collect her pension one way or another. FOP had an position that needed to be filled. That person would have been paid one way or another. Would suggest that FOP hire a person with no knowledge in the subject area they would be working in? Why not hire someone who was already the person that FOP went to for answers?
SCC, why doesn't anyone suggest or assert that the drop and officers and the increase in shootings in the increase in deaths is directly attributable to Rahm and Gary's actions, and therefore they are responsible and have blood on their hands?
Angelo now is back to the department and has miraculously healed. He will retire with bump in pension due to leaving with a higher salary. How convenient Dean
This seems suspect. Mr Angelo should not be eligible to go out as full duty sworn---since he has not worked as one in years. Hell--he didn't do any work for CPD for years---just collected disability- while be able to teach (but not able to work limited duty for CPD)..such BS
its the do more with less motto..........
Phony argument about LAPP and Dean concerning the doctor's and lawyer's fees. If you keep 7 non-disabled off the roles a year for 10 years. Equals 385 years worth of saving for the Fund. Now multiply 385 say- 60 k per year to get the savings. About 23 million in savings over 10 years. It is math. no more no less.
Those doctors fees are the price of doing business. Perhaps if some members stop the fraud claims of disability, there would be no need to send them to a doctor. By the way, the city is in the same situation from the Medical Section when they also send you to their doctor(s).
Now if you wanted to make a case for rising exam cost, go back to the mid 1960's to the present date. You may or may not realize your cause of blaming the FOP or Pension Trustee's is the cause of the raising doctor's fee's. Your claims are unfounded. Your spin on this tells us all that you have your own agenda and you may think you can do a better job that those who have been elected to fulfill complex duties.
My guess is you are one of the losers who runs for any office within the CPD. Face it: you suck and the members consider you a complete moron.
So before you continue to bash others, get your facts right.
Anonymous Anonymous said...
MORE with LESS is the murder mayor's motto; MORE dead bodies, LESS Policeman to protect the city residents, a masterful plan to say the least...
3/07/2017 04:46:00 AM
What a pathetic formula the "rahm crew" has bathed in the blood of its citizens! Think it is not even spring/summer yet! rahm has decimated the manpower and with upwards of 500+ leaving in 2017 the pension is the most valuable asset we as CPD have, the aldergoofs have huge pension payouts all secured,with free top tier health care for life while the police the last bastion between any good and evil is being destroyed by this mayor and his henchmen. Then of course we have that 24/7 dishonest police attacking media at every turn.
To the younger coppers with the "go get em" bosses (who are only using you for their own promotional efforts and don't give a care about you or your families),stay fetal protect Blue you will never change the jungle the jungle eats its own been like that in chiraq ghettos forever the elected make sure the people stay down. the elected use CPD as nothing more than thug animal trainers to try to keep them in check, but as soon as police do anything resembling police work "off with their heads" the rahm crew and the laughable exempt structure yell!
I find it "concerning"
122am.....
You are pretty much right on target.
Heard the same things from a close friend that works in Benefits. The pension buy out of those with less than 15 years will include investment options using City connected investment firms (Charles Schwab is one of them). If successful you can expect to see same buyout offered to those that can retire along with a lower cost health care package as a sweetener to give up the traditional pension plan. What this tells me is that the idea of a casino will never materialize, and in the event it does, our pension fund will see very little, if any, of what's owed to it. Watch for the city to dangle the threat of declaring bankruptcy and us getting 30 cents on the dollar if they don't get enough people to take the buyout offers.
Anonymous said...
YOU HEARD IT HERE FIRST....
You kids with less than 10 or 15 years on can expect a Pension Buy-Out Option being presented in the very near future. Your contributions to date plus simple interest based on the mean returns of the benchmark S&P over the years of your employ with CPD.
Those with 20+ years on will be grandfathered in and receive traditional pension amounts depending on years of service when they pull the pin.
Those with 29+ a day will be able to leave regardless of age, but expect a 1/2% per year increase for insurance for those years difference to age 55.
Expect minimum retirement age to be increased first to 58, then to 60 sometime after 2020.
3/07/2017 01:22:00 AM
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Can only modify the pension for new hires and as of today's date there is no new pension benefit for new hires.
So = no pension buy out as you say.
Hopefully under Trump (stock market is great = people are making money) that the pension funds will improve.
The underlying factor in manpower is Crime Reporting Period. Downgrading incidents to make a Commander happy of keep his spot have no doubt led to manpower reduction.
Report the incidents according to the actions of the offender; ie entering a garage by kicking the door open and ransacking the victims belongings is burglary not CDTP or Theft From Building, regardless of whether anything was taken. and this is just one example.
This bullshit of "the Cmmdr has to go to a meeting" doesn't help you pushing that car around 10-99 on midnites or anticipating an assist car on days or afternoons or having a partner every shift OR WONDERING WHY THE PENSION LOOKS BLEAK !
Wake up it's our ass that suffers in more ways than one. Sadly I have said this before on this blog and directly to FOP Officer when they come out to pitch contracts.
Crime reduction leads to manpower reduction.
I have a VERY difficult time believing that there are over 12000 officers on active duty. We have lost three districts in recent years, and two areas. The patrol division, and the D units are still seemingly decimated, and by some accounts at almost half strength. I know things get exaggerated a bit. But factor in ALL of the mass retirements at each recent years end and these numbers just cannot be true. I have also heard the stories at HQ of the "waiting lines" at the personnel office processing retirement papers in the beginning of recent years. Each December there are so many retirement party flyers that they overlap each other on the bulletin board.
If Bullshit was currency we would all be Living a comfortable Retirement here in Illinois. The scary part is, it takes a pretty high level official to maintain these seemingly phony stats.
Just Saying
After he puts Hillary and O'Bummer in prison, POTUS will fix the pension mess.
Take it two the BANK!!!
I believe that all this anti-police rhetoric is a prelude to pension theft. I live out of state and people with accounting and economics backgrounds tell me Illinois can never meet its pension obligations. Chicago is a lost cause.
Anonymous said...
Rham you son a bitch, where are those 1000 cops... Looks like you owe 1000 + 1700 = 2700 cops to CPD... Better yet to the citizens of Chicago who risk an battery or viscous attack for your lack of balls. Nice, Rham- is this appropriate ----"You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before."
3/07/2017 01:11:00 AM
How about Mccarthy when he was supt? he consistently stated manpower was not a issue. That CPD had enough officers on the street? He also was part of the problem. Mccarthy defended the mayor when they reduced the number of districts and areas. In the end, both McCarthy and Johnson might be very capable but are controlled by the mayor and his staff. The mayor lied to the residents in Lakeview when he promised the manpower would not be reduced when he combined 012 and 013. Now Lakeview residents are planning to hire their own security force. WTF
Just a thought here, almost 2000 not paying into the pension when we need to keep our fund safe and healthy in the coming years. I'm hearing from a lot of people that the Mayor is thinking of reducing the force even more. He's taking the pension fund apart piece by piece, he's going to ask for a higher percentage of involvement and look at what he did to the retirees health care. What has to be done now, we have to stand up to this Mayor or anyone else, if they try to reduce our pension in any why and I only hope the FOP will back us with action. They want us to feel bad because we are labeled racists or whatever other labels the liberals are attempting to apply. We have to be proud and keep doing the right thing, keeping with principals that attracted most of us to do this type of work. For now stay fetal and safe, God Bless America.
Expect minimum retirement age to be increased first to 58, then to 60 sometime after 2020.
3/07/2017 01:22:00 AM
I came on the job in mid 1968 after army service. The retirement age was 57 at the time. It started to go down in the early 80's under Jane. I would not be surprised if it went back up but I just don't see minimum retirement age of 60. That is just too old for a cop or a fire fighter. But, who knows?
Chalkie has had run-ins with Officer Winter before, so he just lays low. But Officer Winter is due to transfer south (way, way, south). What will happen if Chalkie sees his shadow next time he comes out?
yes, but Chicongo don't need all them CPD's loose on the streets & drug bazaar's. CPD suppresses bout the only source of commerce left to the regular type rat in da'hood
What happened to Alt News? I thought he took it down a notch too.
It's absolutely crazy that the citizens of Chicago are paying a lot of money into taxes... And not getting what they pay for. The average citizen of dupage and will and lake county get what they pay for--- better schools, and better village and city services. I am left to wonder how does the citizen of cook county let this go on.
YOU HEARD IT HERE FIRST....
You kids with less than 10 or 15 years on can expect a Pension Buy-Out Option being presented in the very near future. Your contributions to date plus simple interest based on the mean returns of the benchmark S&P over the years of your employ with CPD.
Those with 20+ years on will be grandfathered in and receive traditional pension amounts depending on years of service when they pull the pin.
Those with 29+ a day will be able to leave regardless of age, but expect a 1/2% per year increase for insurance for those years difference to age 55.
Expect minimum retirement age to be increased first to 58, then to 60 sometime after 2020.
3/07/2017 01:22:00 AM
The worst we can expect is a slight increase in how much we contribute. Future hires may play by different rules but if you're on you're guaranteed a pension.
Rahm doesn't care about hiring Police and has the intention of running the Pension dry.
Illinois is no help either.
Try beating a dead horse.
Only chumps pay their bills and obligations, Democrats seek handouts and bankruptcy.
Daley screwed the City, Rahm is hanging on and doing a good job creating diversions.
No PrickCanker or ChewieGarcia can fix this in 2019 either, only perpetuate the malfeasance and take every last nickel the City may have left by then and Pensions are drained.
Stay Fetal, they are not your friends.
10 to 15 year on the job Springfield is going to run you over with the bus time to look for another job
OT http://www.leoaffairs.com/news/new-oakland-police-chief-takes-parked-scooter-goes-traffic-investigation-process/
i still don t see how they come up with that # of officers on the force. Most district have less then 200, which will be about 18 district. The other 4 lets say have 300. That would be about 4800 police for 22 district. Another 600 DET., 1000 supervisors and 1000 from all the units and u have less then 8000 in the dept. Where are they finding another 4000. Lets get a forensic audit cause it looks like they are using CORE math to come up with this #
As you scroll through it you come to the page where it shows percentage funded. Police and fire are the least funded municipal pensions and ironically they are the only two departments that are not allowed by law to strike. The city knows this so they could care less about funding it. That's right guys there's nothing you can do about it so just be good little boys and girls and do what you're told. We have a pension board that should be fighting tooth and nail but they continue to give pension holiday after pension holiday. Why you ask? Because they don't care, by the time it becomes insolvent they will be long gone so as long as they get their cut they will continue to not care. Remember this as you're out there running and gunning for a city that can't wait for you to die. And you vri guys, all you're doing is allowing it to get worse so piss on you too!
rahm and the rest have built a so called legacy on nothing but lies, Pinocchio has nothing on these folks/people! Wonder how things you remember telling your partner privately gets exposed the cia does it don't doubt cpd is not involved in some covert shit on police:
http://money.cnn.com/2017/03/07/technology/wikileaks-cia-hacking/
The CIA has become the preeminent hacking operation, sneaking into high-tech phones and televisions to spy on people worldwide, according to an explosive WikiLeaks publication of purported internal CIA documents on Tuesday.
Just like when you shut off the cars cameras but yet somehow it was still recording. I remember an incident years ago west end 008 coppers were at store 63rd and oakpark the car camera was still on and as they were inside store (before body cams) somehow their voice transmission was fully recorded we have talked about the radios we carry bet they can without a doubt listen back! not a conspiracy theorist more of a realist when evidence is exposed hard to disprove it. With the media being fed like pigs at the trough by our own mayor and the pathetic exempt structure with more leaks than the titanic you wonder what is next? Keep your job-family-freedom stay fetal, blue lights and siren is to be used to help blue otherwise obey the laws ghetto bullshit is not worth any suspension or time off being injured!
#GodblessCPD #SCCSpiritsoftheairforlife
Then you see what some are pulling out of the pension fund here is a 9161 patrolman on daleys detail made commander of his detail pension:
Sam Roti Chicago Police $130,626
Then we have the other guy now a big boss state police will get another 6 figure pension:
Nicholas Roti Chicago Police $129,093
And his boss leo:
Leo Schmitz Chicago Police $116,092
(wait a minute leo was a 2 star general and nick gets a bigger scoop)
http://www.bettergov.org/pension-database?combine=schmitz&Agency=Chicago+Police&PensionAmount%5Bmin%5D=0&PensionAmount%5Bmax%5D=1000000&YearsServed%5Bmin%5D=0&YearsServed%5Bmax%5D=100&DataYear=
Its all public knowledge not a secret site punch in a name and look. Why is it fire stopped this pension grab eliminating the gold braid bill highest pension is civil service rank which is lieutenant where is the parity lappe and hauser? our pension is what 30% funded and pigs get fat but hogs go to slaughter! No wonder our exempts are so bloated and allowed to stay in those positions for years accomplishing absolutely nothing!
look at rahms bloated detail all are 9161 patrolmen but will pull the pensions of sergeants minimum all the way up to commanders pension taking more and more away from the regular coppers!
Sounds like the goofs who ran for trustee before are at it again. Officers Dumb and Dumber. B.M & M.K. You two guys need to get a life. Quit fucking with the members at their expense and stop crying that it's all about you and your the victim!
http://www.leoaffairs.com/news/new-oakland-police-chief-takes-parked-scooter-goes-traffic-investigation-process/
Italy will allow armed US drones to fly out of an American base in Sicily to launch attacks against the Islamic State in Libya and other countries in northern Africa where the extremist group poses a threat.
The agreement comes after a year of negotiations between the US and Italy and amid growing concern that Isis is gaining strength in Libya
Illinois Is Prepared—for Zombies The state readies for an undead apocalypse while its financial situation grows worse.
Gerald Skoning
Illinois’s state lawmakers are busy these days, but not with trying to reform the pension system or improve Springfield’s dismal bond rating. Instead, they’re moving to designate October 2017 as Zombie Preparedness Month.
This may sound like a joke, but it’s (un)deadly serious: A resolution adopted by the state House last month contends that “while a Zombie Apocalypse may never happen, the preparation for such an event is the same as for any natural disaster.” Residents are urged to “create a stockpile of food, water, and other emergency supplies that can last up to 72 hours.” Other items to have on hand in case of marauding zombie hordes: “medications, tools, electronics, sanitation and hygiene, clothing and bedding, important documents, and first aid.”
But what about the state’s fiscal apocalypse, which is not only happening right now but has plunged Illinois into a bona fide financial disaster? Illinois has gone 19 months without an annual budget, and the prospects are dim that the Democratic statehouse will pass one that Republican Gov. Bruce Rauner can sign. Meanwhile, the state has amassed $11 billion in unpaid bills—predicted to climb to more than $27 billion by the end of 2019.
Illinois is facing the worst pension crisis of any U.S. state, with unfunded obligations totaling $130 billion, according to the state’s Commission on Government Forecasting and Accountability. That amounts to about $10,000 in debt for each resident.
Not only is the Land of Lincoln deep in the red, but it is already sucking its residents practically dry. For one thing, Illinois has the highest property taxes in the nation, a median rate of 2.67%, according to a study last year by CoreLogic.
(Excerpt) Read more at wsj.com ...
https://www.wsj.com/articles/illinois-is-preparedfor-zombies-1488847032
Scc - did anyone notice that there were no charts that showed how much we contributed to our pensions compared to how much the city has contributed??? Why is that??? If you look at the teachers report on page 128 Table 9, it actually shows the $ breakdown for teachers (employees) contributions compared to the city's (employers) contributions. We don't have a table like that. I guess they don't want people to see and know the actual dollar amount that the city is holding out on us. How little they are truly contributing to our pension and not holding up their end of the deal.
Numbers don't lie.. the pension will not be sustainable.. less cops paying into the pension, high number of retirees, it will not survive cuts.. same thing will happen with social security, too many baby boomers....baby boomers will go down as the worst generation,entitlement junkies and raised a bunch of spoiled brats....
FYI manpower was 11,500 in 1981 before Clinton and community policing
Off Topic, but sounds like the DOA Supervisors at both airports are in serious hot water with their Commisioners over so much attention being drawn to their "thing". Look for changes soon and the "whistleblowers" to be outed and gone.
On topic:
Florida Supreme Court Rules Against Miami’s Unilateral Cuts to Police Pension
Chief Investment Officer Magazine
March 7, 2017
Florida’s Supreme Court has reversed a ruling that had allowed the City of Miami to make unilateral changes to a collective bargaining agreement with a Miami police union.
At issue was whether an employer must demonstrate that funds are available from no other reasonable source before unilaterally modifying a collective bargaining agreement. In 2010, facing what it deemed “financial urgency,” Miami’s legislative body voted to unilaterally change of the collective bargaining agreement with Miami Lodge 20, Fraternal Order of Police.
At the time, the city’s budget was approximately $500 million, and it faced a deficit of approximately $140 million for the 2010-2011 fiscal year. The city said that without the cuts, Miami would be unable to pay for utilities, gas, and other necessities, rendering it unable to provide essential services to its residents.
The changes included a modification of the normal retirement date and of the pension benefit formula; a cap on the average final compensation for pension benefit calculations; alteration of the normal retirement form, and modification of average final compensation. This was in addition to a cut in wages, elimination of education pay supplements, conversion of supplemental pay, and a freeze in step and longevity pay.
In response to the proposed changes, the police union suggested raising the millage tax rate, installing red light cameras, imposing non-union employee layoffs and furloughs, freezing the current cost of living adjustment, and changing the pension funding methodology. However, the city said this “would not adequately address the shortfall because they either failed to generate enough revenue to offset the deficit or they would increase the city’s long-term financial obligations.”
The Miami legislature created the Public Employees Relations Commission (PERC)
to carry out the provisions. PERC determined that the city was facing a financial urgency that required modifications. The Union then filed an unfair labor practice charge with PERC in 2010, which was dismissed as the hearing officer ruled that the statute had been properly invoked by Miami. PERC defined “financial urgency” as “a financial condition requiring immediate attention and demanding prompt and decisive action which requires the modification of an agreement; however, it is not necessarily a financial emergency or bankruptcy.”
In 2013, after suing the city over the changes, the First District Court of Appeal upheld PERC’s decision dismissing Miami Lodge 20, Fraternal Order of Police Inc.'s unfair labor practice charge against Miami.
But the Florida high court, in its March 2 decision overruling the First District Court of Appeal, said that PERC had overstepped its bounds.
Anonymous I dont believe it... said...
I have a VERY difficult time believing that there are over 12000 officers on active duty. We have lost three districts in recent years, and two areas. The patrol division, and the D units are still seemingly decimated, and by some accounts at almost half strength. I know things get exaggerated a bit. But factor in ALL of the mass retirements at each recent years end and these numbers just cannot be true. I have also heard the stories at HQ of the "waiting lines" at the personnel office processing retirement papers in the beginning of recent years. Each December there are so many retirement party flyers that they overlap each other on the bulletin board.
If Bullshit was currency we would all be Living a comfortable Retirement here in Illinois. The scary part is, it takes a pretty high level official to maintain these seemingly phony stats.
Just Saying
You have no idea what you are talking about. There are no mass retirements in the last few years. That is pure BS. It still averages around 500. For the last 5 years, actually less. As far as the long lines if you believe that I will sell you the Brooklyn bridge. If there's any delays it because the secretaries with guns aren't doing there jobs
You don't believe the number of po's on the job. Yea, it's a conspiracy, the union is lying, clear is lying and so is the pension fund. Pension fund is saying more oo's pay in than are working. Now that makes sense
Your weekend plans. Delivered.
News Data stories & visuals
To grow size of Police Department, Chicago will need twice what is planned
By Cecilia ReyesContact Reporter
Pensions Retirement Eddie Johnson Rahm Emanuel Chicago Police Department
The plan to grow the size of the Chicago Police Department could mean hiring more than 2,200 police officers over the next two years.
In a string of September announcements, Mayor Rahm Emanuel and Chicago Police Superintendent Eddie Johnson laid out a series of police staffing proposals which, according to Johnson, would staff the department to a budgeted 13,500 sworn members. There are three main parts to the plan:
1. Add 500 new officers.
2. Promote 470 officers to higher ranks and other positions and hire new officers to fill those empty spots.
3. Fill the department’s current vacancies, which as of Oct. 16 were 471.
GROWING THE FORCE
CPD hiring by category
CPD said it will hire to fill open positions
471
Emanuel announced the hiring of new officers ...
500
... and promotion of others while hiring behind them
470
These hires would increase CPD from its current size of 12,100 members to 13,500.
402 have said they want to retire by end of 2017 ...
402
... and an
average number of retirements in 2018 would add more openings
400
These hires would be necessary to maintain a size of 13,500.
That would grow the department by 1,400 new cops; however, to sustain that new level, the hires will have to come on top of as many as 800 retirements over the next two years, a number that could be much larger by some estimates.
As of the beginning of October, 402 officers put in for retirement between now and the end of 2017, CPD spokesman Frank Giancamilli said. Estimates from the CPD’s data department and the police union point to the possibility of considerably more.
OFFICERS COMING AND GOING
Officers hired
Officers leaving
50
2011
451
451
2012
535
585
2013
336
314
2014
319
443
2015
372
418
2016
370
Source: Chicago Police Department
There is no indication yet of how many officers will retire between 2017 and 20O
Anonymous Anonymous said...
YOU HEARD IT HERE FIRST....
You kids with less than 10 or 15 years on can expect a Pension Buy-Out Option being presented in the very near future. Your contributions to date plus simple interest based on the mean returns of the benchmark S&P over the years of your employ with CPD.
Those with 20+ years on will be grandfathered in and receive traditional pension amounts depending on years of service when they pull the pin.
Those with 29+ a day will be able to leave regardless of age, but expect a 1/2% per year increase for insurance for those years difference to age 55.
Expect minimum retirement age to be increased first to 58, then to 60 sometime after 2020.
3/07/2017 01:22:00 AM
The worst we can expect is a slight increase in how much we contribute. Future hires may play by different rules but if you're on you're guaranteed a pension.
3/07/2017 01:52:00 PM
Unless you voluntarily opt out.
Man power has been allowed to get criminally low. Rahmicides are constantly in the news. The revised Use of Force policy (that is gonna get coppers killed) was just released for final comments. Our health care has been diminished. The pension is fucked.
There should be no questions as to why morale is so bad. And we have contract negotiations coming up.
Might I suggest a friendly wager among peers, for the summer, to improve morale. Which ever district has the longest (continuous, obviously) backlog, from now until the end of the year, wins. Prize to be determined.
The Pension Contribution Graph Reflects Participants Up To The Year 2015. Today Is 2017, So What Are The Actual Participants Today. I Have A Feeling That It Is Even LOWER!!!!!
So the Springfield politicians refuse to raise the actuary on the city to keep up with pension funding for decades. Then Springfield politicians repeatedly kicked the can down the road and rewrote law over and over again so Chicago mayors would not have to keep up with pension funding. Now Springfield politicians do a write up on how bad they failed regarding pension reform. Wow, and they put their names on it!!!!
Ok...
Out of that number paying into the pension,
how many are actually Chicago Policemen?
You know...
Leery of City Hall fuckery of attempts to slide
outside people in on our pension.
just sayin'
retirement age 58, then 60: just be glad they took
away the wheel guns
We should have been paying more into the pension years ago when the department contracted the workforce. All the BS that the city screwed us grows old. The reality is if we do not pay more we will see diminished returns. Also, end COLA except for those born before 1955. We promise too much.
If you wait for politicians to solve this with promises you will have NOTHING!!!
If the pension is done away with will that mean those who sit on the pension boards will no longer have a job?
Anyone see that pos rahm talking shit about Rauner? What a fuckin joke that pos rahm is
The worst we can expect is a slight increase in how much we contribute. Future hires may play by different rules but if you're on you're guaranteed a pension.
3/07/2017 01:52:00 PM
Unless you voluntarily opt out.
3/07/2017 06:13:00 PM
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Why the hell would someone opt out?
You honestly think you will make more in a 401K?
I have 28 years on and have almost $700,000 in my 407.. Even with that amount I could not afford to retire at 55 unless I knew I going to drop dead in a few years.
"same thing will happen with social security, too many baby boomers....baby boomers will go down as the worst generation,entitlement junkies and raised a bunch of spoiled brats...."
You have not the first clue, social security IS NOT an entitlement. I am 68 years old, started working at a young age, loading 50lb. bags of fertilizer from semi-trucks to a dock at Co-Op insouthern indiana. Soon after military service, worked an assundry of jobs, in the labor field, as I did not attens a higher school level, retired after working in a factory for 30 years, in other words, I worked my entire life, PAID into Social Security, my entire life. I am a baby boomer, and I WORKED AND PAID ....It is NOT an entitlement.
so, the Illinois Statehouse has designated October as "Zombie Apocalypse Preparedness Month".
The listed all the usual items to stockpile. Food, water, medical supplies, etc. Do they know something we don't?
They left off the most important thing. Lots and lots of extra ammo.
I think it's just a decrease from an increase but not necessarily a decrease, rather an increase from a previous decrease.
Anonymous Anonymous said...
Numbers don't lie.. the pension will not be sustainable.. less cops paying into the pension, high number of retirees, it will not survive cuts.. same thing will happen with social security, too many baby boomers....baby boomers will go down as the worst generation,entitlement junkies and raised a bunch of spoiled brats....
3/07/2017 05:12:00 PM
You are a special kind of stupid sparky. No way you are the police. All those terrible baby boomers actually paid in to everything and were promised a pension in return. Are you really that stupid ? Social Security as well as the pension fund has been robbed. Dumb ass.
There is a title code for security specialist. Check it out. If you are one you get that pension. If you are a police officer working as a security specialist you get out of grade pay. Out of grade pay is not pensionable, neither is your overtime. There is also a title code for mounted officer, police technician, detective, bomb tech. Check it out. Learn stuff. Its fun.
Only the city could lose money when the SP500 has had a record run since 2009. Fools
That will get them more ISR. A bunch of 60 year old dudes pushing around beat cars. haha
Anonymous Anonymous said...
There is a title code for security specialist. Check it out. If you are one you get that pension. If you are a police officer working as a security specialist you get out of grade pay. Out of grade pay is not pensionable, neither is your overtime. There is also a title code for mounted officer, police technician, detective, bomb tech. Check it out. Learn stuff. Its fun.
3/08/2017 01:06:00 AM
Your wrong sparky security specialist is sergeants pay and sergeants pension called pension board and was confirmed check it out it's fun learning!
Anonymous said...
Scc - did anyone notice that there were no charts that showed how much we contributed to our pensions compared to how much the city has contributed??? Why is that??? If you look at the teachers report on page 128 Table 9, it actually shows the $ breakdown for teachers (employees) contributions compared to the city's (employers) contributions. We don't have a table like that. I guess they don't want people to see and know the actual dollar amount that the city is holding out on us. How little they are truly contributing to our pension and not holding up their end of the deal.
3/07/2017 05:12:00 PM
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That information is easily available at the Pension Board website. Remember though that by law the city's contributions are made 2 years after member contributions since taxes must be levied to cover the payments and the city, as do most political entities, taxes in arrears.
Don't forget Kenny Hauser sitting at the pension board saying nothing!
Anonymous Anonymous said...
There is a title code for security specialist. Check it out. If you are one you get that pension. If you are a police officer working as a security specialist you get out of grade pay. Out of grade pay is not pensionable, neither is your overtime. There is also a title code for mounted officer, police technician, detective, bomb tech. Check it out. Learn stuff. Its fun.
3/08/2017 01:06:00 AM
Learn this all are security specialists here learning is fun look here asshat they get the bigger pension that's let me hold your hand a fact:
http://216.119.131.18/web_retirement_estimates/new
Rahm has manufactured the violence here in Chicago proving that your can have more Homicides and increase all violent crime with less Police Officers. Congratulations Rahm, when is the report going to be issued detailing your great accomplishment and adding to your legacy of death and destruction.
Anonymous Anonymous said...
Has anyone tried to figure out how many police officers could have been hired with all that overtime Rahm throws around ?
3/07/2017 12:26:00 AM
Enough officers to restore us to 2006 levels of 13,500 and our pension fund would be much better off as well.
There is a title code for security specialist. Check it out. If you are one you get that pension. If you are a police officer working as a security specialist you get out of grade pay. Out of grade pay is not pensionable, neither is your overtime. There is also a title code for mounted officer, police technician, detective, bomb tech. Check it out. Learn stuff. Its fun.
3/08/2017 01:06:00 AM
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Ever hear of the SHAKMAN agreement?
There is NO MORE working out of grade.
https://www.cityofchicago.org/city/en/depts/dhr/supp_info/shakman_settlement.html
Specifically:
https://www.cityofchicago.org/content/dam/city/depts/dhr/supp_info/ShakmanSettlement/ACTING_UP_POLICY_FINAL.pdf
ALSO:
Read the Payroll Order.
A Security Specialist just an official "D - 3" Pay-grade meaning IT IS in fact pensionable.
http://directives.chicagopolice.org/forms/CPD-61.400.pdf
3/07/2017 01:11:00 AM
Anonymous Anonymous said...
YOU HEARD IT HERE FIRST....
You kids with less than 10 or 15 years on can expect a Pension Buy-Out Option being presented in the very near future. Your contributions to date plus simple interest based on the mean returns of the benchmark S&P over the years of your employ with CPD.
Those with 20+ years on will be grandfathered in and receive traditional pension amounts depending on years of service when they pull the pin.
Those with 29+ a day will be able to leave regardless of age, but expect a 1/2% per year increase for insurance for those years difference to age 55.
Expect minimum retirement age to be increased first to 58, then to 60 sometime after 2020.
3/07/2017 01:22:00 AM
So wise old owl.....what happens to the guys with 15-19 years on? You're nuts!!!
Well said. And another thing: cops are not parents or psychologists; and should not be forced to such situations.
So less money in will = less money out ... until it runs out completely .
What was that 'reason' again , that you're working this thankless job ?
you cant lose your pension or your healthcare!
To bad who ever sent you this got it wrong. He/she sent the State information, not from the CPD Pension Fund.
My guess it's the guy in 009 there as the D-unit guy in the CAPS office. The Area D-Unit dumped him there.
Call the health department. Sorry I forgot the health department is another city department nothing or no one from there works either.
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