Tuesday, 12 May 2015

Chicago Fraternal Order of Police President Dean Angelo on Monday urged Mayor Rahm Emanuel to impose a temporary property tax increase to shore up police and fire pensions

Fraternal Order of Police President Dean Angelo on Monday urged Mayor Rahm Emanuel to impose a temporary property tax increase to shore up police and fire pensions that could be rolled back when the jackpot of revenue from a city-owned Chicago casino comes rolling in.

Before the Illinois Supreme Court unanimously overturned state pension reforms, placing Emanuel’s plan to save two of four city employee pension funds in similar jeopardy, City Hall was negotiating with police and fire unions and making decent progress.

But Friday’s ruling shifted the talks more toward raising revenue than cutting benefits and increasing employee contributions. It also emboldened the police union president to publicly draw a line in the sand.

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