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Chicago City Wire

Monday, August 4, 2025

Former lieutenant Rosas paid in $174K to pension fund, could collect $3.81M in retirement

Money 03

Former lieutenant Jesse Rosas, who retired in November 2017, saved $174,009 toward a pension over 29 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Rosas would collect as much as $3.81 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Rosas received $80,071 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Rosas will have already received $247,491 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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