Published August 5, 2025
About This Audit
A compliance audit was conducted for the Girard Borough Police Pension Plan to assess its administration and ensure adherence to applicable state laws and regulations. The audit was performed under the authority of the Municipal Pension Plan Funding Standard and Recovery Act (Act 205), requiring audits for municipalities receiving state aid. The audit covered to December 31, 2024, focusing on state aid deposits, employer and employee contributions, retirement benefits, and compliance with applicable laws. The audit revealed that the plan generally complied with regulations, except for an inconsistency in early retirement benefits between the collective bargaining agreement and the governing ordinance. This inconsistency could lead to improper benefit calculations. Officials were recommended to align these documents for consistency. Management agreed with the findings, and future compliance will be reviewed in subsequent audits. This is an automated summary. Please rely on the contents included in the released audit report.