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

A compliance audit was conducted on the Fox Chapel Borough Police Pension Plan to assess adherence to state laws and regulations under the Municipal Pension Plan Funding Standard and Recovery Act. The audit covered the period from January 1, 2025, to December 31, 2025, evaluating whether state aid and employer/employee contributions were deposited correctly, the preparation of actuarial reports, and compliance with Deferred Retirement Option Plan provisions. The audit confirmed compliance with all relevant laws, regulations, contracts, and policies, maintaining the pension system’s integrity. Actuarial information showed a strong funding status, with a funded ratio above 125%, indicating financial stability. The report discussed findings with borough officials, expressing thanks for their cooperation. This is an automated summary. Please rely on the contents included in the released audit report.