(WBBM NEWSRADIO) — Chicago Police officers have a new deal.
Mayor Lori Lightfoot's office said Monday that the city of Chicago and the Fraternal Order of Police Lodge 7 have reached a tentative, eight-year contract agreement.
The mayor's office said the agreement is consistent with a content decree that includes accountability reforms for the department. It also includes an average annual pay increase of 2.5% for the Chicago Police Department.
Police union negotiator Paul Vallas tells WBBM Newsradio the whole contract will cost the city just over $600 million, with about $350 million of that retroactive pay.
Lightfoot said the city has been budgeting every year for a new police contract.
“We feel prepared to manage the expense that will be incurred,” she said Monday.
Chicago police officers have been working without a contract for four years. The contract would go through January 2025.
Lightfoot said the city's new tentative contract agreement with Chicago's main police officer union could have happened a year ago.
“We got it done in a matter of weeks when the president of FOP finally got serious about getting something done,” she said.
The police union reportedly is sending ratification ballots to rank-and-file officers.
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