That's....Lucrative

It certainly pays to be connected:

• Newly installed interim Chicago Police Supt. Fred Waller is collecting an annual city taxpayer-funded pension of $141,608 while he has been earning more than $210,648 per year as a deputy director, bringing his total annual compensation to $352,256, according to records obtained by WTTW News.

  Waller, 64, has now twice served as CPD’s interim leader, first leading the department from May 2023 to September 2023 before Mayor Brandon Johnson picked Larry Snelling as the city’s top cop. After Snelling took office, Waller stayed on to advise Snelling, serving as deputy director in the superintendent’s office, records show.

  Waller has received pension payments of more than $11,500 per month since he retired on Aug. 15, 2020, and they will continue for the rest of his life, according to records obtained by WTTW News from the Policemen’s Annuity and Benefit Fund of Chicago. Annually, Waller’s pension increases by 3% to cover any increase in the cost of living, records show. He received a pension payment in June, according to documents obtained by WTTW News through a Freedom of Information Act request submitted to the police pension fund.

How many "merit" bumps?

Remember - Given, not Earned.