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Chicago City Wire

Tuesday, June 17, 2025

Former EMT firefighter Taylor paid in $145K to pension fund, could collect $3.64M in retirement

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Former EMT firefighter Euclid Taylor, who retired in December 2017, saved $144,702 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, Taylor would collect as much as $3.64 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Taylor received $76,421 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Taylor will have already received $155,135 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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