City of Williamsport Firemen’s Pension Plan – Lycoming County – Audit Period January 1, 2023 to December 31, 2024

A compliance audit was conducted for the City of Williamsport Firemen’s Pension Plan for January 1, 2023, to December 31, 2024, under Act 205, evaluating compliance with state laws and regulations. The audit aimed to ensure corrective actions from prior reports were addressed and that the pension plan was administered lawfully. The audit found general compliance but noted ongoing noncompliance with a prior recommendation regarding inconsistent pension benefits, which has persisted through 12 previous reports. Specifically, discrepancies exist between the pension plan’s governing document and the firefighters’ collective bargaining agreement regarding benefit provisions. The city has yet to correct these inconsistencies, and the audit recommends timely implementation of corrective actions. The pension plan had 33 active members, no terminated members eligible for future vested benefits, and 76 retirees as of December 31, 2024.