Adamstown Borough Non-Uniformed Pension Plan – Lancaster County – Audit Period January 1, 2018 to December 31, 2022

A compliance audit was conducted on the Adamstown Borough Non-Uniformed Pension Plan for the period of January 1, 2018, to December 31, 2022. The audit aimed to verify corrective actions from a prior report and ensure compliance with applicable laws and policies. Key findings included an underpayment of state aid due to incorrect data on Certification Form AG 385, attributed to oversight and inadequate internal controls. The error resulted in an underpayment of $2,716 in state aid for 2022. It was recommended that Adamstown Borough implement stronger internal procedures to prevent future errors. Overall, the audit concluded that, beyond the noted issue, the pension plan was largely compliant with relevant requirements. This is an automated summary. Please rely on the contents included in the released audit report.