Freeburg Borough Non-Uniformed Pension Plan – Snyder County – Audit Period January 1, 2021 to December 31, 2024

The compliance audit of the Freeburg Borough Non-Uniformed Pension Plan, covering January 1, 2021, to December 31, 2024, assessed the borough’s adherence to applicable state laws, regulations, contracts, and local policies. Conducted under the authority of Act 205 of 1984, the audit aimed to verify corrective actions taken from a prior report and ensure compliance with laws governing pension administration. The audit found that, in general, the pension plan adhered to relevant laws and regulations, except for a delay in paying the 2023 minimum municipal obligation (MMO), which was rectified in December 2024 without including the required interest penalty. The audit recommended that for compliance with Act 205, the borough should pay the due interest and implement procedures to prevent future delays in MMO payments. Borough officials agreed with the findings and pledged to address the issues noted. This is an automated summary. Please rely on the contents included in the released audit report.