City of Hazleton Non-Uniformed Pension Plan – Luzerne County – Audit Period January 1, 2023 to December 31, 2024

The compliance audit of the City of Hazleton’s Non-Uniformed Pension Plan for the period from January 1, 2023, to December 31, 2024, assessed the city’s adherence to applicable laws, regulations, and local policies. Conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, the audit examined whether municipal officials addressed prior findings and ensured proper pension plan administration. The audit confirmed compliance with relevant requirements and noted the plan’s funded status at 66.1% as of January 1, 2023. Although improvements were made concerning prior recommendations, city officials are advised to monitor the plan’s funding for long-term stability. Detailed procedures were employed, including verifying state aid deposits, evaluating employer and employee contribution calculations, and ensuring retirement benefits were correctly administered. Despite the audit’s positive outcomes, the funding progress is a concern that warrants ongoing attention from city officials to avoid financial instability in the future. This is an automated summary. Please rely on the contents included in the released audit report.