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Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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“ The 2024 fiscal year’s budget again allocated just $100 million for overtime. It will again fall far short of what’s needed, especially as Mayor Brandon Johnson moves to eliminate positions and transition 400 remaining police vacancies into civilian positions.” —civilian positions? Do people really buy into this? Seems like a recall is in order, although I don’t think you can recall a Chicago mayor. The solution is simple and has worked for decades: hire more qualified cops and increase the police technology budget.
How about the so called leadership of the CPD, probably on orders from City Hall, cancelling days off, mandatory 12 hour shifts for several days in a row that’s causing so much overtime? How about the fact that the CPD cannot attract recruits to the CPD because of the multitudes of consent degrees, state laws, uncooperative states attorney, multiple multiple layers of investigatory agencies that review every action even many from years ago to find a reason to suspend or fire officers for the slightest action? How about just the total failure of the mayor, the city council, and the… Read more »
Did you even read the article? … he basically said all of that, smh
The article barely mentioned the continued practice of day off cancellation and mandatory 12 hours shifts. Nothing about the failure of police administration to properly deploy manpower, so I guess I did read the article. SMH!
Well I hate to break it to you Paul but nobody aspires to become a Chicago PO.
Those PO’s that rack up the OT have learned to play the Dems game.