Kankakee Firefighters Pension Fund

k@lauterbachamen.com
385 E Oak Street, Kankakee, IL 60901
Municipal Government
Public Pension Funds
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Ann Gillespie, Director of the Illinois Department of Insurance
Kankakee’s police and fire pension debts per household hit $8,012 in FY 2024 — 112th highest in Illinois

April 11, 2026

In fiscal year 2024, Kankakee held the 112th highest for per-household police and fire pension debt in Illinois, reaching $8,012, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Kankakee Firefighters’ Pension Fund places 136th among Illinois pension systems with lowest funding levels in 2024

March 28, 2026

In fiscal year 2024, the Kankakee Firefighters' Pension Fund was ranked 136th for underfunding among Illinois pension funds, supporting just 54.8% of its promised retirement payouts with actuarial assets, the Illinois Department of Insurance reports.

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