Here is a link to the Chicago Police Pension Fund. It includes a link to the Annual Report. Interestingly the fund has been realizing an increase in net assets for the last couple years. While it has a way to go to recover from the financial hit that everything took in 2008 it has been growing slowly but surely.
So lets not screw it up with legislation like that proposed this last fall by Rep. Cross that would have given the Mayor complete control over the fund. In other words – If it ain’t broken don’t fix it!
Chicago Police Pension Fund
Chicago Policemen’s Annuity and Benefit Fund