Monmouth Police Pension Fund

josh.kramer@monmouthpolicedepartme
600 S Main Street, Monmouth, IL 61462
Municipal Government
Public Pension Funds
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Ann Gillespie, Director of the Illinois Department of Insurance
Monmouth faces $11,812 in pension debt per household in FY 2024 — ranked 74th highest in Illinois

April 11, 2026

In fiscal year 2024, Monmouth held the 74th highest for per-household police and fire pension debt in Illinois, reaching $11,812, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Monmouth Police Pension Fund places 176th for lowest funding among Illinois plans in 2024

March 27, 2026

In fiscal year 2024, the Monmouth Police Pension Fund ranked 176th among Illinois pension systems in terms of underfunding, backing just 57.6% of its promised retirement benefits with actuarial assets, data from the Illinois Department of Insurance shows.

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