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Chicago City Wire

Tuesday, June 17, 2025

Former paramedic Crowley paid in $40K to pension fund, could collect $3.84M in retirement

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Former paramedic Kevin Crowley, who retired in June 2018, saved $40,354 toward a pension over 41 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Crowley would collect as much as $3.84 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Crowley received $80,649 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Crowley will have already received $80,649 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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