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

The compliance audit of the Malvern Borough Police Pension Plan, governed by Act 205 and other relevant statutes, was conducted by the Auditor General to ensure proper management of state aid and compliance with applicable laws and regulations. For the period January 1, 2024, to December 31, 2025, the audit assessed whether prior recommendations were implemented and whether the pension plan’s administration met legal requirements. It was determined that Malvern Borough had implemented prior corrective actions and managed the pension plan in compliance with relevant laws. The audit revealed that state aid was properly determined and deposited, and no employee contributions or benefit calculations were required during the audit period. Additionally, the pension plan’s actuarial valuations were timely and accurate. Although not conducted under Government Auditing Standards, the findings indicate that the Malvern Borough Police Pension Plan was compliant with regulations and policies. The report was discussed with borough officials, who cooperated fully. This is an automated summary. Please rely on the contents included in the released audit report.