Chicago police sergeants agree to new contract

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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.

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