HARRISBURG — Auditor General Timothy L. DeFoor announced the release of audits of municipal and police pension plans in Cameron and McKean counties.
“Our audits make sure state pension aid is used as required by law, which helps to reduce financial burdens on local taxpayers,” DeFoor said.
State aid for municipal pension plans is generated by a 2 percent tax on fire and casualty insurance policies sold in Pennsylvania by out-of-state companies. In 2023, the Department of the Auditor General distributed a total of $372.77 million in aid to 1,471 municipalities and regional departments to support pension plans covering police officers, paid firefighters and non-uniformed employees.
The department is required by law to audit municipal pension plans and volunteer fire relief associations that receive state aid from the department; liquid fuels tax usage by municipalities; various county offices and numerous other state government entities.
In Cameron County, the Shippen Township Non-Uniformed Pension Plan was found to have complied in all significant respects.
In McKean County, the Kane Borough Non-Uniformed Pension Plan and Kane Borough Police Pension Plan were both found to have complied in all significant respects.
