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Chicago City Wire

Thursday, May 1, 2025

Former EMT captain Daley paid in $138K to pension fund, could collect $4.85M in retirement

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Former EMT captain John Daley, who retired in October 2017, saved $138,404 toward a pension over 37 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Daley would collect as much as $4.85 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Daley received $101,897 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Daley will have already received $206,851 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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