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Chicago City Wire

Saturday, May 3, 2025

Former EMT fire engineer Crayton paid in $141K to pension fund, could collect $3.24M in retirement

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Former EMT fire engineer Edward Crayton, who retired in November 2018, saved $141,229 toward a pension over 24 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Crayton would collect as much as $3.24 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Crayton received $68,087 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Crayton will have already received $210,451 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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