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Chicago City Wire

Saturday, May 3, 2025

Former EMT captain Nasadowski paid in $233K to pension fund, could collect $4.93M in retirement

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Former EMT captain Kenneth Nasadowski, who retired in November 2018, saved $233,136 toward a pension over 30 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Nasadowski would collect as much as $4.93 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Nasadowski received $103,618 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Nasadowski will have already received $320,274 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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