HARRISBURG, Pa., Sept. 18-- The Pennsylvania Auditor General issued the following news release: Auditor General Eugene DePasquale today released audits of municipal employee pension plans in Adams, ...

LINCOLN — The pension plan covering current and former Omaha Public School employees closed out 2022 with more than $1 billion of unfunded liabilities. That represents the largest shortfall in nearly ...

At last week’s Northeast Area Benefits Conference, co-sponsored by the IRS and ASPPA, two Certified Public Accountants discussed the many moving parts of a retirement plan audit. Timothy J. Desmond, ...

In a report released Sept. 30, Auditor General Timothy DeFoor found that Blairsville Borough accepted excess state aid for its non-uniformed union pension plan fund since 2022. According to the report ...

Jeannette underpaid its three pension funds by $189,356 in 2021, and the state auditor general’s office said turnover in the fiscal office in 2020 and 2021 ...

One compliance issue was reported in recent audits of six Beaver County volunteer firefighters' relief associations (VFRAs) and municipal pension plans, according to reports from Pennsylvania Auditor ...

Accounting errors were identified in new state audits of South Huntingdon and Ligonier Township police pension funds. According to findings released this week by Pennsylvania Auditor General Timothy L ...

Learn what Accumulated Benefit Obligation (ABO) is, how it affects pension plans, and why understanding it is crucial for ...

Data from the Bureau of Labor Statistics indicate that just 15% of private industry employees have access to a pension, also known as a defined benefit plan. Employers began moving away from these ...