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Sangamon Sun

Wednesday, June 4, 2025

Former EMT battalion chief Kennelly paid in $260K to pension fund, could collect $5.22M in retirement

Money041

Former EMT battalion chief Kevin Kennelly, who retired in May 2018, saved $259,763 toward a pension over 38 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

Over 30 years of retirement, Kennelly would collect as much as $5.22 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Kennelly received $109,726 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kennelly will have already received $339,153 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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