Schiller Park Police Pension Fund

AGorzkowicz@schillerparkil.us
9526 W Irving Park Road, Schiller Park, IL 60176
Municipal Government
Public Pension Funds
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Ann Gillespie, Director of the Illinois Department of Insurance
Schiller Park had 36th highest total local pension debt per household in Illinois at $16,908 in FY 2024

April 11, 2026

In fiscal year 2024, Schiller Park held the 36th highest for per-household police and fire pension debt in Illinois, reaching $16,908, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Schiller Park Police Pension Fund ranks 84th in Illinois for underfunding in FY 2024

March 28, 2026

The Schiller Park Police Pension Fund faced $27,674,551 in unfunded liabilities in 2024, lacking 51.2% of the assets needed to meet all promised retirement payouts.

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