Chicago police sergeants agree to new contract
The City of Chicago and its police sergeants have a deal on a new contract.
The Sun-Times reports, the agreement gives the sergeants a 2 percent annual pay raise and reforms the sergeants’ pension benefits; more details of the agreement will be released Tuesday.
But the contract is far less generous than the one the Fraternal Order of Police is seeking for police officers; the FOP reportedly wants a 12 percent raise over two years, plus lower healthcare premiums and a $3,000 annual stipend for each officer top meet the city’s residency requirement.
At a news conference Tuesday, Mayor Rahm Emanuel lauded the new agreement, saying that it could provide a pathway to help solve the city’s pension crisis.