Fox Chapel Borough Non-Uniformed Pension Plan – Allegheny County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit of the Fox Chapel Borough Non-Uniformed Pension Plan in Allegheny County, Pennsylvania was conducted for the year 2025 under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to verify compliance with state laws, regulations, contracts, and policies. It assessed state aid deposits, employer and employee contributions, retirement benefits, and the preparation of actuarial valuation reports. The audit concluded that the pension plan was compliant with all pertinent regulations and requirements. Supplementary information was provided, although it was unaudited. The plan, initially established in 1957, is a defined benefit pension plan for employees hired before 2014, with six active members and 16 retirees as of the end of 2025. The pension plan’s funded ratio was strong, indicating financial health. Borough officials were thanked for their cooperation during the audit process. This is an automated summary. Please rely on the contents included in the released audit report.