City of McKeesport Officers and Employees Pension Plan – Allegheny County – Audit Period January 1, 2022 to December 31, 2024

The compliance audit of the City of McKeesport Officers and Employees Pension Plan covered from January 1, 2022, to December 31, 2024, under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. It aimed to assess corrective actions on previous audits and ensure compliance with state laws and plan provisions. Key audit steps included verifying state aid deposits, evaluating employer and employee contributions, reviewing retirement benefits, and ensuring actuarial report compliance. The results showed the pension plan complied with applicable laws, with prior recommendations addressed, including the reflection of all benefits in Act 205 reports and appropriate funding. This compliance was achieved without using state aid for excess benefits, while future allocations will be monitored for potential impacts. This is an automated summary. Please rely on the contents included in the released audit report.