Jim Thorpe Borough Non-Uniformed Pension Plan – Carbon County – Reduced Period Engagement – Period Ended December 31, 2025

An audit was conducted on the Jim Thorpe Borough Non-Uniformed Pension Plan through authority from Act 205 of 1984, focusing on ensuring compliance with applicable state laws, regulations, and prior recommendations. The audit was not executed under U.S. Government Auditing Standards. Key audit objectives included assessing corrective actions to previous findings and verifying compliance with pension plan administration laws from January 1, 2024, to December 31, 2025. Audit findings showed that the plan adhered to regulations, with the borough handling state aid deposits, employer contributions, and retirement benefits properly. The plan, part of the Pennsylvania Municipal Retirement System, offers retirement benefits to eligible members. It’s governed by state statutes, borough ordinances, and collective bargaining agreements, and as of December 31, 2025, had 18 active members. Previous record-keeping shortcomings were addressed, and the borough demonstrated effective financial monitoring. Compliance was achieved in all significant areas. This is an automated summary. Please rely on the contents included in the released audit report.