City of Aliquippa City Employees’ Pension Plan – Beaver County – Audit Period January 1, 2023 to December 31, 2025

The compliance audit of the City of Aliquippa City Employees’ Pension Plan was conducted for the period from January 1, 2023, to December 31, 2025. The objectives were to verify corrective actions on previous findings and ensure compliance with state laws and regulations. The audit revealed several areas of noncompliance: pension benefits exceeded the Third Class City Code, payments were made to deceased individuals, benefits were overpaid, the city failed to properly fund pension plans, and the required actuarial valuation report was not filed. City officials must correct these issues to comply with the laws and improve financial management. This is an automated summary. Please rely on the contents included in the released audit report.