Franklin Park Police Pension Fund

frankg@vofp.com
9500 W Belmont Avenue, Franklin Park, IL 60131
Municipal Government
Public Pension Funds
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Related Posts:

Ann Gillespie, Director of the Illinois Department of Insurance
FY 2024: Franklin Park ranks 11th highest for total police and fire pension debt per household at $31,681

April 11, 2026

Franklin Park ranked 11th highest in Illinois for the largest per-household police and fire pension debt, which stood at $31,681 in fiscal year 2024, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Franklin Park Police Pension Fund ranks 71st for underfunding among Illinois police and fire retirement systems in 2024

March 29, 2026

The Franklin Park Police Pension Fund disclosed $42,337,489 in unfunded liabilities for 2024, showing the fund was 52.7% below the assets required to meet all committed retirement payments.

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