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Chicago City Wire

Wednesday, April 30, 2025

Former firefighter Duckmann paid in $134K to pension fund, could collect $2.32M in retirement

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Former firefighter Alan Duckmann, who retired in November 2018, saved $134,368 toward a pension over 20 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Duckmann would collect as much as $2.32 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Duckmann received $48,723 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Duckmann will have already received $150,599 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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