Pension Compliance Reports

Annual Compliance Reports

The following are the Chapter 7-A of Act 44 of 2009 which mandates the annual disclosure of certain information by every entity with is a party to a professional services contract with one of the pension funds of the Borough of State College:

Act 44 Annual Disclosure Conrad Siegel Investment Advisor (2024) (PDF)
Act 44 Annual Disclosure Conrad Siegel Investment Advisor (2023) (PDF)
Act 44 Annual Disclosure Conrad Siegel Investment Adviser (2021) (PDF)-Investment Advisor
Act 44 Annual Disclosure Conrad Siegel Investment Adviser (2021) (PDF)-Actuary
Act 44 Annual Disclosure Cornerstone Wealth Advisory and Insurance (2020) (PDF)
Act 44 Annual Disclosure ICMA-RC (2020) (PDF)
Act 44 Disclosure Form for Entities Providing Professional Services to the Borough of State College (PDF)

Compliance Audits

The Commonwealth of Pennsylvania Department of the Auditor General conducts compliance audits of local government pension plans to ensure that the plans are administered in compliance with applicable:

Administrative Procedures
Contracts
Local Ordinances and Policies
Regulations
State Laws

View the following audits:

2019 to 2022 State College Borough Police Pension Plan Audit Report (PDF)
2019 to 2022 State College Borough General Government Employee Pension Plan Audit Report (PDF)
2019 to 2022 State College Borough Non-Uniformed Defined Contributed Pension Plan (PDF)