Brookville Borough Non-Uniformed Pension Plan – Jefferson County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Brookville Borough Non-Uniformed Pension Plan was conducted to ensure adherence to applicable state laws and regulations per the Municipal Pension Plan Funding Standard and Recovery Act. The audit examined whether corrective actions were taken following previous findings and if the plan was administered in compliance with state laws, regulations, and local policies. The investigation covered the periods from January 2022 to December 2024, and included reviewing state aid deposits, employer and employee contributions, retirement benefits, and actuarial valuation reports. The audit identified two primary findings: failure to deposit the full state aid allocation into an eligible pension plan, and incorrect data on certification form AG 385, leading to a net overpayment of state aid. This is an automated summary. Please rely on the contents included in the released audit report.