The Illinois Fraternal Order of Police (FOP) Thursday (October 10, 2019) expressed strong concerns about the recommendations contained within the Governor’s Committee on Pension Consolidation Report. FOP members had initially been optimistic that the committee would propose a process that would reduce fees, increase investment returns and better guarantee retirement security for law enforcement officers, their widows and orphans. However, the committee’s recommendations fail to accomplish these critical things.
“Law enforcement officers were not allowed to participate, provide feedback or be shown that this was anything other than an attempt to grab officers’ money,” said FOP Labor Council Executive Director Shawn Roselieb,who noted that the committee’s meetings were not open to the public. “Officers have paid their own money into these police pension funds every working day of their lives.”
The report recommends that the consolidated police pension fund be governed by a board where only 50 percent of the trustees are law enforcement officers. Illinois’ 16 current public employee retirement funds, including the Illinois Municipal Retirement Fund, are constituted of governing boards with a majority of members of the fund.
“No one is more concerned with the proper administration of public safety pensions than our 36,000 members,” Roselieb said. “But this committee thinks downstate police officers are the only public employees who are just not smart or sophisticated enough to manage their own money.”
The State of Illinois’ “worst in the nation” track record of managing public pensions is also cause for concern among working and retired law enforcement officers said the FOP Leaders.
“Illinois police officers are not inclined to believe the state when it says it’s going to responsibly manage their money,” said FOP State Lodge President Chris Southwood. “This problem is at the heart of the FOP’s concern. Any consolidation must contain a firewall between police officers’ money and the people responsible for the pension system debacle in this state.”
Roselieb and Southwood urged members of the Illinois General Assembly to actively seek input from law enforcement officers and the general public on any pension consolidation proposal, something that the Committee on Pension Consolidation did not do when formulating its report.
“We applaud Governor Pritzker for taking on this tough subject,” Southwood said. “But the committee’s secret deliberations and their attempt to diminish future public input on the pension fund’s governance are not the right way to reach a good solution.”
The Illinois Fraternal Order of Police Labor Council is a law enforcement union representing more than 11,600 professionals in more than 514 bargaining units who work in the criminal justice system. The Labor Council negotiates and enforces contracts and improves salaries, working conditions, and benefits for law enforcement professionals throughout Illinois. Its members include police officers who work for municipalities, universities, and elected Constitutional officials; county sheriff’s deputies, correctional and court security officers; probation officers; 911 telecommunicators; law enforcement records personnel; and some related support staff. Visit www.fop.org for more information.
The Fraternal Order of Police, founded in 1915, is the largest organization of sworn law enforcement officers in the United States.