Algonquin Police Pension Fund

susanskillman@algonquin.org
2200 Harnish Drive, Algonquin, IL 60102
Municipal Government
Public Pension Funds
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Ann Gillespie, Director of the Illinois Department of Insurance
Algonquin had 60th lowest total local pension debt per household in Illinois at $1,149 in FY 2024

April 11, 2026

Algonquin ranked 60th lowest in Illinois for the largest per-household police and fire pension debt, which stood at $1,149 in fiscal year 2024, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Algonquin Police Pension Fund placed 491st among Illinois pension funds by 2024 funding ratio

March 27, 2026

In fiscal year 2024, the Algonquin Police Pension Fund ranked 491st among Illinois pension systems for funding shortfalls, covering just 81.5% of future retirement obligations with actuarial assets, the Illinois Department of Insurance reported.

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