Laflin Borough Police Pension Plan – Luzerne County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit was conducted on the Laflin Borough Police Pension Plan in Luzerne County, Pennsylvania. The audit was performed according to the Municipal Pension Plan Funding Standard and Recovery Act (Act 205), to ensure the plan’s administration complied with state laws and regulations. The audit covered contributions, state aid deposits, and actuarial valuations from January 1, 2025, to December 31, 2025. While generally compliant, a finding highlighted that the plan’s vested benefit provision does not adhere to Act 600 requirements. Specifically, a member received unauthorized pension benefits earlier than warranted, totaling $29,867. This discrepancy suggests potential future financial implications, including ineligible state aid and increased municipal contributions required to fund the plan. The report recommends correcting the benefit structure to comply with Act 600 and adjusting financial reports accordingly to mitigate the financial impact. Borough officials have been informed, and their responses are included in the report. This is an automated summary. Please rely on the contents included in the released audit report.