City of Allentown Aggregate Pension Fund - Lehigh County - Compliance Audit Report - 05 29 08

CITY OF ALLENTOWN AGGREGATE PENSION FUND LEHIGH COUNTY COMPLIANCE AUDIT REPORT FOR THE PERIOD JANUARY 1, 2005, TO DECEMBER 31, 2006 CITY OF ALLENTOWN AGGREGATE PENSION FUND LEHIGH COUNTY COMPLIANCE AUDIT REPORT FOR THE PERIOD JANUARY 1, 2005, TO DECEMBER 31, 2006 CONTENTS Page Background......................................................................................................................................1 Letter from the Auditor General ......................................................................................................3 Status of Prior Findings ...................................................................................................................5 Findings and Recommendations: Police Pension Plan ................................................................................................................7 Finding No. 1 – Noncompliance With Prior Audit Recommendation – Plan Provisions Not In Compliance With The Third Class City Code...................................................................................................7 Firemen’s Pension Plan........................................................................................................10 Finding No. 2 – Noncompliance With Prior Audit Recommendation – Plan Provisions Not In Compliance With The Third Class City Code......... ...