by Tim McPhillips | Nov 10, 2025 | Newsletters
Members of our pension fund may have read the recent Wall Street Journal (WSJ) Editorial – Chicago Pensions on the Brink: Some city funds can be considered ‘technically insolvent’. The Retirement Board, which administers our pension fund, responded with a letter to...
by Tim McPhillips | Oct 31, 2023 | Newsletters
An alternative view of our Union and Pension Fund Let’s face it, this department runs on rumors. The less concrete information the City or Local 2 puts out the more these rumors take up legs and start to walk and talk at the firehouse kitchen tables and morning roll...
by Tim McPhillips | Mar 6, 2023 | Newsletters
Local 2 Brothers and Sisters. All Local 2 members in good standing should be receiving their ballot for the Local 2 Executive Board election this week. I must admit, I am a little surprised that with all the recent issues facing the membership, this ballot looks...
by Tim McPhillips | Jan 10, 2023 | Newsletters
For decades the Local 2 membership has had discussions on the effectiveness of giving money to politicians. Critics contend that political contributions do not affect the outcome of any efforts put forth by Local 2 when securing salary, benefits and working...
by Tim McPhillips | Jun 8, 2022 | Newsletters
Local 2 members, do you know what your pension is worth? I say it is worth $3,333,772. Obviously, it isn’t the same for everyone, it is a function of rank, time on the job and years of service. Also, how long you live matters quite a bit. If you get run over by a...
by Tim McPhillips | Jan 14, 2022 | Newsletters
During the most recent campaign for pension fund trustee I was asked numerous times to counter some of the conflicting information between myself and the leadership of Local 2 who were supporting my opponent Tony Martin. Specifically, I was asked – Did a theft...
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