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

A compliance audit was conducted on the City of Aliquippa Firefighter Pension Plan for the period January 1, 2023, to December 31, 2025, pursuant to the Municipal Pension Plan Funding Standard and Recovery Act. The audit assessed corrective actions taken on previous findings and compliance with state laws and regulations. Main objectives were to ensure compliance with applicable statutes and to verify that previous recommendations were implemented. Significant findings included repeated noncompliance with maintaining vested benefit calculations, excess pension benefits paid, improper funding per special taxing provisions of Act 205, and failure to file an actuarial valuation report. Despite these issues, city officials were cooperative during the audit. Recommendations were made to address the identified noncompliance issues, emphasizing the importance of timely implementation to prevent future discrepancies in pension benefits management. The audit concluded that while some aspects were compliant, significant improvements are required in specific areas. This is an automated summary. Please rely on the contents included in the released audit report.