Published September 25, 2025
About This Audit
An audit was conducted on the City of Erie Aggregate Pension Fund for the period from January 1, 2023, to December 31, 2024, as required by the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to verify corrective actions taken for previous findings and assess compliance with state laws, regulations, and local ordinances in administering the pension fund. The audit methodology involved reviewing state aid deposits, employer and employee contributions, retirement benefits calculations, actuarial reports, and other compliance aspects under Act 205. The results indicated that the City of Erie Aggregate Pension Fund was administered in compliance with all applicable standards. The city’s basic financial statements were audited separately by an independent firm for 2023 and 2024. This is an automated summary. Please rely on the contents included in the released audit report.