Published March 30, 2026
About This Audit
The compliance audit of the Akron Borough Non-Uniformed Pension Plan, covering January 1, 2021, to December 31, 2024, was conducted to evaluate adherence to state laws, regulations, contracts, procedures, and local policies. The audit, in accordance with Act 205 of 1984, assessed state aid deposits, employer contributions, benefit calculations, actuarial valuation reports, and the compliance of insurance contracts. A key finding was that Akron Borough received $689 in state aid more than its entitlement in 2022, due to a failure to utilize employee forfeitures as required by plan provisions. The report recommends returning the excess aid with interest and improving internal controls. Borough officials acknowledged the finding, and the audit found compliance in most respects except for this issue. This is an automated summary. Please rely on the contents included in the released audit report.