Olney Firefighters Pension Fund

jguinn@cityofolney.com
300 S Whittle Avenue, Olney, IL 62450
Municipal Government
Public Pension Funds
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Ann Gillespie, Director at Illinois Department of Insurance
FY 2024: Olney ranks 122nd lowest for total police and fire pension debt per household at $2,758

April 11, 2026

Olney ranked 122nd lowest in Illinois for the largest per-household police and fire pension debt, which stood at $2,758 in fiscal year 2024, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Olney Firefighters Pension Fund places 442nd for underfunding among Illinois pension systems in FY 2024

March 27, 2026

In fiscal 2024, the Olney Firefighters Pension Fund held the 442nd position among Illinois pension systems for underfunding, with actuarial assets covering just 75.9% of promised retirement benefits, per the Illinois Department of Insurance.

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