Upland Borough Police Pension Plan – Delaware County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Upland Borough Police Pension Plan was conducted under the Municipal Pension Plan Funding Standard and Recovery Act and focused on compliance with state laws, regulations, contracts, and local ordinances. The audit aimed to verify if the pension plan administered state aid, employer contributions, and employee contributions appropriately from January 1, 2024, to December 31, 2024. Verification methods included checking state aid deposit timing, employer and employee contribution calculations, and actuarial report submissions. Results showed compliance in all significant respects with applicable standards and regulations. Borough officials are responsible for maintaining effective internal controls, and their cooperation was acknowledged. Additional unaudited supplementary information, including historical funding progress and contribution schedules, was provided. Overall, the audit confirmed that the pension plan met expectations for compliance and administration. This is an automated summary. Please rely on the contents included in the released audit report.