Muncy Borough Non-Uniformed Pension Plan – Lycoming County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit of the Muncy Borough Non-Uniformed Pension Plan was conducted as authorized by the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984). The audit aimed to verify the administration of the pension plan’s compliance with state laws, regulations, and local policies. The audit reviewed state aid deposits, employer and employee contributions, actuarial valuations, and plan compliance from January 1, 2023, to December 31, 2025. It found the plan was managed in adherence to applicable requirements. Muncy Borough officials are tasked with maintaining internal controls to ensure compliance. The pension plan is a single-employer defined benefit plan, governed by a local ordinance and established in 1975. It provides a few retirees and active members with benefits, with supplementary unaudited information on funding status showing significant improvement from 77.8% in 2021 to 99.6% in 2025. Overall, the plan demonstrates fiscal responsibility. This is an automated summary. Please rely on the contents included in the released audit report.