Published November 6, 2023
About This Audit
The compliance audit of the Falls Creek Borough Police Pension Plan was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, focusing on the administration of the pension plan in compliance with state laws, regulations, and local policies. The audit covered a period ending December 31, 2022, verifying the proper receipt and deposit of state aid and employer contributions. The audit confirmed compliance with Act 205, noting that no employee contributions or benefit calculations were necessary as there were no active employees. The audit results indicated that the pension plan was well-administered, aligning with applicable requirements. Overall, the pension plan was found compliant with all relevant standards. This is an automated summary. Please rely on the contents included in the released audit report.
