Published July 15, 2026
About This Audit
The compliance audit of the Canonsburg Borough Police Pension Plan, conducted for the period from January 1, 2021, to December 31, 2024, aimed to ensure the plan’s administration aligns with state laws, regulations, and local policies. The audit was guided by the Municipal Pension Plan Funding Standard and Recovery Act and verified compliance in various areas, including the timely deposit of state aid, employer and employee contributions, retirement benefit calculations, and compliance with actuarial reporting requirements. The audit identified an issue with the untimely deposit of state aid in 2023 and 2025, impacting interest earnings on those funds. Recommendations were made to address these lapses, including the payment of interest earned beyond the 30-day grace period to the pension plans and the implementation of improved internal control procedures for future deposits. This is an automated summary. Please rely on the contents included in the released audit report.