Irwin Borough Non-Uniformed Pension Plan – Westmoreland County – Audit Period Ended December 31, 2024

The compliance audit of Irwin Borough’s Non-Uniformed Pension Plan for the period January 1, 2023, to December 31, 2024, was conducted under the Municipal Pension Plan Funding Standard and Recovery Act. The audit objectives were to verify whether corrective actions were taken on previous findings and to check if the pension plan adhered to state laws, regulations, and procedures. The audit confirmed compliance with state aid deposit requirements and employer and employee contributions according to regulations. No benefit calculations were prepared during the audit period. The report also verified the timely preparation of the actuarial valuation report as per Act 205, ensuring the accuracy of the information for state aid participation. Overall, the Irwin Borough plan complied significantly with the applicable regulations. The report includes discussions with officials and ackowledges their cooperation in the audit process.