Muncy Borough Police Pension Plan – Lycoming County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit of the Muncy Borough Police Pension Plan was conducted under authority from Pennsylvania’s Act 205. The audit’s objective was to assess whether the pension plan adhered to relevant state laws, regulations, contracts, and policies. Conducted for the period between 2023 and 2025, the audit reviewed the administration of state aid, employer contributions, and compliance with actuarial reporting requirements. Results indicated general compliance, except for a finding concerning incorrect data on Certification Form AG 385, which led to an underpayment of state aid. The audit recommended that the borough establish better internal controls to ensure accurate data reporting. This audit reaffirms the need for due diligence and accurate administrative processes in managing pension plans. This is an automated summary. Please rely on the contents included in the released audit report.