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Chicago City Wire

Tuesday, June 17, 2025

Former EMT firefighter Ross paid in $88K to pension fund, could collect $1.56M in retirement

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Former EMT firefighter Anthony Ross, who retired in July 2017, saved $88,459 toward a pension over 12 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Ross would collect as much as $1.56 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Ross received $32,840 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Ross will have already received $101,505 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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