City of Pittston Officers and Employees Pension Plan – Luzerne County – Audit Period January 1, 2023 to December 31, 2024

The compliance audit of the City of Pittston Officers and Employees Pension Plan, conducted for the period January 1, 2023, to December 31, 2024, aimed to ensure compliance with applicable state and local laws, regulations, and policies. Key audit objectives included evaluating state aid deposits, employer and employee contributions, retirement benefits disbursement, and the actuarial valuation report submission. The audit found that the pension plan was administered in significant compliance with these requirements. The audit was mandated by the Municipal Pension Plan Funding Standard and Recovery Act and included specific methodologies such as verifying deposits, recalculating benefits, and reviewing actuarial reports. The audit results noted compliance in all significant respects and the cooperative efforts of city officials during the audit process. The report, containing supplementary information for further analysis, was discussed with city officials, who provided responses included in the final document. This is an automated summary. Please rely on the contents included in the released audit report.