Aldermatic Pay vs Our Pay

2-8-041 Compensation for aldermen.
Effective January 1,2006, the salary of aldermen shall be $98,125.00. Beginning on May 21, 2007, this sum shall be adjusted for each calendar year by applying to it the rate of inflation calculated based on the Consumer Price Index - Urban Wage Earners and Clerical Workers (Chicago All Items) published by the United States Bureau of Labor Statistics. The budget director or his designee shall determine such rate by comparing the figure for the most recent July with the figure for the previous July. Any adjustment shall take effect at the beginning of the first pay period for that year.
An alderman may choose not to have his or her salary adjusted for any given year as set forth in this section by notifying the budget director in a sworn statement on a form provided by the budget director for that purpose. This notification must be received by the budget director by September 15 for the choice to be effective for the following calendar year.
No other City of Chicago salary shall be allowed any alderman except as herein provided.

No alderman refused their pay adjustment.

For 2007 the pay was adjusted to 100,971.00 an increase of 2.9%

For 2008 the pay was adjusted to 104,101.00 an increase of 3.1%

In 2007 we (the police) received a pay increase of 2.0% and as of yet no increase for 2008, which puts us at a loss of real buying power of 4%. Thats not the route we need to take! So for 2008 we need 4% to break even and a larger increase for 2008 if we are to call any pay increase a raise!!