BURBANK — State Senator Mike Porfirio co-sponsored a substantial victory for the dedicated men and women who serve and protect our communities.

“This legislation shows our commitment to the well-being of those who have dedicated their lives to protecting our communities,” said Porfirio (D-Lyons Township). “The increase in benefits will ensure that CPD officers can enjoy their well-earned retirement with the financial stability they deserve.”

Senate Bill 1956 removes the birth date requirement that was previously in place (born before Jan. 1, 1966) for Tier 1 retirees to be eligible for an annual 3% cost-of-living adjustment. The legislation also ensures that police officers born after Jan. 1, 1966, who received a retroactive increase of 1.5% in any year, will receive a proportional increase for that year so that the total increase is equal to 3% for each year.

“Our retired police officers have selflessly served our communities, and it is our responsibility to ensure they have a comfortable and secure retirement,” said Porfirio. “This is a small token of our appreciation for their dedicated service and commitment to public safety.”

This monumental achievement will have a major impact on the lives of retired Chicago police officers. It means that they will now receive a 3% COLA, doubling the previous 1.5% rate. This boost in benefits not only recognizes the dedication and sacrifices of Chicago police officers, but also provides them with greater financial security and stability in their retirement.

This measure will bring retired Chicago police officers in line with the current Chicago firefighter retirement standards.

Senate Bill 1956 passed both chambers of the General Assembly and advances to the governor for final approval.