Verona Borough Police Pension Plan – Allegheny County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Verona Borough Police Pension Plan assessed its adherence to state laws and regulations for the period through December 31, 2024. Conducted under Act 205, the audit aimed to verify corrective actions on prior findings and ensure proper administration of the pension plan. It confirmed the correct deposit and administration of state aid and employer contributions, as well as accurately calculated retirement benefits for members. The audit methodology included reviewing documents and verifying compliance with applicable laws and procedures. Results concluded that the pension plan was administered in compliance with relevant laws, regulations, and policies. Borough officials were commended for their cooperation throughout the process. This is an automated summary. Please rely on the contents included in the released audit report.