City of Clairton Police Pension Plan – Allegheny County – Audit Period January 1, 2022 to December 31, 2024

A compliance audit of the City of Clairton Police Pension Plan for the period from January 1, 2022, to December 31, 2024, was conducted. The audit, based on the Municipal Pension Plan Funding Standard and Recovery Act, aimed to assess corrective actions taken on prior findings and ensure compliance with relevant laws and regulations. Key areas examined included state aid deposits, calculations of employer and employee contributions, retirement benefits, actuarial valuation reports, and special postretirement reimbursements. The audit concluded that the pension plan complied with applicable requirements. However, concern was raised over the plan’s funded ratio, which was 54.8% as of January 1, 2023. City officials are urged to monitor the plan’s funding for long-term stability. This is an automated summary. Please rely on the contents included in the released audit report.