Shickshinny Borough Police Pension Plan – Luzerne County – Audit Period January 1, 2020 to December 31, 2023

A compliance audit of the Shickshinny Borough Police Pension Plan covering January 1, 2020, to December 31, 2023, was conducted under the Municipal Pension Plan Funding Standard and Recovery Act. The primary objective was to evaluate whether the pension plan adhered to applicable laws, regulations, contracts, procedures, and local policies. Audit procedures verified state aid deposits, employer contributions, actuarial reporting, and insurance contracts. Results confirmed compliance with significant legal and policy measures. The plan’s funding demonstrated a strong financial status with a high funded ratio. As of December 31, 2023, the pension had no active members and one retiree. The report is a public record, with discussions held with borough officials for their input and cooperation noted.