Waynesboro Borough Police Pension Plan – Franklin County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit of the Waynesboro Borough Police Pension Plan was conducted, authorized by the Municipal Pension Plan Funding Standard and Recovery Act, to ensure adherence to relevant laws and regulations. The audit, spanning a period ending December 31, 2024, assessed whether state aid and employer contributions were accurately calculated and deposited, and whether retirement benefits were correctly disbursed in accordance with governing documents and statutory requirements. The audit confirmed full compliance with the applicable state laws and protocols. Despite active financial oversight, officials are advised to maintain effective internal controls. The findings, shared with borough officials, confirmed that the pension plan administration was compliant with all regulations and policies noted. This is an automated summary. Please rely on the contents included in the released audit report.