City of Duquesne Comprehensive Municipal Pension Trust Fund – Allegheny County – Audit Period January 1, 2021 to December 31, 2023

The compliance audit of the City of Duquesne’s Comprehensive Municipal Pension Trust Fund, conducted for the period of January 1, 2021, to December 31, 2023, aimed to ascertain if previous findings were addressed and whether the fund adhered to state laws and regulations. The audit followed the Municipal Pension Plan Funding Standard and Recovery Act requirements, not Government Auditing Standards. Key findings noted partial compliance in some areas, such as incorrect data on certification forms and inconsistent service increment benefits, as well as untimely state aid deposits and incorrect survivor benefits in some pension plans. Despite these issues, the audit concluded that the fund was administered largely in compliance with regulatory standards, while urging timely corrective action for past findings. The audit report also highlights that some issues continue from prior audits, indicating a need for improved corrective measures by the city. The city’s financial statements were audited independently.