Phoenixville Borough Police Pension Plan – Chester County – Reduced Period Engagement – Period Ended December 31, 2025

The compliance audit of the Phoenixville Borough Police Pension Plan was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to verify compliance with state laws, regulations, contracts, administrative procedures, and local ordinances. Key areas reviewed included state aid deposit compliance and calculation of employer contributions for 2025. It was confirmed that employee contributions were waived, and benefit calculations were not produced. The audit found the actuarial valuation report was submitted timely and accurately. The audit concluded that Phoenixville Borough Police Pension Plan complied with applicable standards during the audited period. The audit findings were discussed with Phoenixville Borough officials, who cooperated fully. This is an automated summary. Please rely on the contents included in the released audit report.