Published October 5, 2026
About This Audit
The compliance audit of the City of Lebanon Police Pension Plan, covering January 1, 2024, to December 31, 2025, was conducted under the Municipal Pension Plan Funding Standard and Recovery Act, focusing on adherence to state laws, regulations, and local policies. The audit assessed whether state aid was properly managed, employer and employee contributions were correctly calculated and deposited, retirement benefits were appropriately disbursed, and actuarial valuations followed statutory deadlines. The findings revealed compliance with applicable laws and guidelines, while city officials were commended for their cooperation. However, related financial statements audited by another firm were not reviewed in this report. Overall, the pension plan was managed according to relevant regulations and standards. This is an automated summary. Please rely on the contents included in the released audit report.