Shoemakersville Borough Police Pension Plan – Berks County – Reduced Period Engagement – Period Ended December 31, 2025

The compliance audit of the Shoemakersville Borough Police Pension Plan, mandated by Act 205, assessed if the plan adhered to relevant state laws and regulations. Conducted for the period January 1 to December 31, 2025, the audit verified state aid deposits, employer contributions, and the preparation of the actuarial valuation report. No employee contributions or benefit calculations were required during the audit period. The audit confirmed that the plan operated in compliance with legal requirements. However, the report expressed concern over the plan’s funded ratio at 58.5% as of January 1, 2025, urging borough officials to monitor it for financial sustainability. The audit excluded the borough’s financial statements prepared by an independent CPA, offering no opinion on them. Despite compliance, officials are advised to strengthen the plan’s funding status for long-term stability. This is an automated summary. Please rely on the contents included in the released audit report.