City of Meadville Firemen’s Pension Fund – Crawford County – Audit Period January 1, 2024 to December 31, 2025

The compliance audit of the City of Meadville Firemen’s Pension Fund for the period from January 1, 2024, to December 31, 2025, aimed to verify whether previous audit recommendations were implemented and to assess compliance with state laws and regulations. Conducted under Act 205, the audit found that the Fund was managed in compliance with applicable regulations. Audit procedures included verifying the proper receipt and allocation of state aid, employer and employee contributions, and the correct disbursement of retirement benefits. The City of Meadville had reimbursed the Commonwealth for an earlier overpayment of state aid in compliance with prior recommendations. Additionally, the audit noted the Fund’s historical financial status and compliance with the Municipal Pension Plan Funding Standard and Recovery Act. Overall, the audit concluded that the pension fund was generally managed properly and in line with the governing laws and local ordinances. This is an automated summary. Please rely on the contents included in the released audit report.