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Sangamon Sun

Wednesday, July 9, 2025

Former fire engineer Ramirez paid in $161K to pension fund, could collect $3.24M in retirement

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Former fire engineer Ciry Ramirez, who retired in December 2016, saved $161,392 toward a pension over 26 years working for fire departments, Firemen's Annuity and Benefit Fund of Chicago records show.

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

The projection assumes Ramirez received $68,001 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Ramirez will have already received $210,184 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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