Former Chicago police Supt. Larry Snelling is set to receive a pension of nearly $190,000 a year, records show. <\/p>\n
The Policemen\u2019s Annuity and Benefit Fund of Chicago approved $15,744.73 in monthly payments to Snelling at a meeting last month, according to the records obtained by the Chicago Sun-Times.<\/p>\n
Snellling, a 34-year department veteran, collected his first payment on Aug. 31, records show. He\u2019s set to receive an annual 3% increase in payments starting in August 2027.<\/p>\n
Snelling retired on July 15<\/a> after leading the department for nearly three years and almost maxing out his pension fund.<\/p>\n Former Patrol Chief Fred Waller, who was a key civilian aide<\/a> to Snelling, is now acting police superintendent for a second time as a nationwide search<\/a> is underway for Snelling\u2019s permanent replacement.<\/p>\n Between his pension and city salary, Waller was making $374,695.32 annually as of late June, records show. Mayor Brandon Johnson\u2019s yearly salary is $221,052.<\/p>\n The police oversight panel that\u2019s looking for Snelling\u2019s replacement is now halfway through its allotted search period. By Nov. 12, the Community Commission for Public Safety and Accountability has to present three finalists to Johnson. <\/p>\n That body has held five listening sessions and selected a national search firm to help find the next superintendent. Once Johnson is given a list of finalists, he will have 30 days to choose one or reject all three.<\/p>\n","protected":false},"excerpt":{"rendered":"Former Chicago police Supt. Larry Snelling is set to receive a pension of nearly $190,000 a year, records…\n","protected":false},"author":2,"featured_media":849510,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-849509","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/849509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=849509"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/849509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/849510"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=849509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=849509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=849509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}