
(WBBM NEWSRADIO) — The Chicago Fraternal Order of Police was expected to file a class-action grievance over a payroll error that could leave officers on the hook for hundreds of dollars.
About 3,000 officers were informed that a mistake calculating retro pay for the latest contract means that they’re going to have to repay the pension fund — with interest. FOP President John Catanzara weighed in during a video message to officers.
“We’re demanding that the city pays the 3% interest that the pension fund is looking to hammer our officers with, but that decision falls squarely on the pension fund board of directors, and here’s another example of where they think they can just pass the buck onto the members and not challenge the city, which is what they should have done,” he said.
He said it's incompetence by the finance department, with part of the blame on the pension fund, for not catching the error.
Catanzara noted that federal and state taxes paid will have to be adjusted.
The amount that officers have to pay back varies widely. Some officers owe less than $100, while others owe over $1,000.
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