Lake Zurich Police Pension Fund

andy.sieber@lakezurich.org
200 Mohawk Trail, Lake Zurich, IL 60047-2449
Municipal Government
Public Pension Funds
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Related Posts:

Ann Gillespie, Director of the Illinois Department of Insurance
Lake Zurich had 41st highest total local pension debt per household in Illinois at $15,745 in FY 2024

April 11, 2026

In fiscal year 2024, Lake Zurich held the 41st highest for per-household police and fire pension debt in Illinois, reaching $15,745, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Lake Zurich Police Pension Fund places 191st for lowest funding ratio among Illinois pension plans in 2024

March 28, 2026

The Lake Zurich Police Pension Fund had $25,669,350 in unfunded liabilities in 2024, leaving the fund 41.4% short of the assets needed to meet its retirement benefit promises.

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