Marengo Police Pension Fund

jrzotkiewicz@cityofmarengo.com
132 E Prairie Street, Marengo, IL 60152
Municipal Government
Public Pension Funds
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Ann Gillespie, Director of the Illinois Department of Insurance
Marengo had 133rd lowest total local pension debt per household in Illinois at $3,057 in FY 2024

April 11, 2026

In fiscal year 2024, Marengo held the 133rd lowest for per-household police and fire pension debt in Illinois, reaching $3,057, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Marengo Police Pension Fund places 76th among Illinois’ most underfunded systems in 2024

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The Marengo Police Pension Fund held $8,865,811 in unfunded obligations in 2024, resulting in a 52.1% deficit of required assets for promised retirement benefits.

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