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

A compliance audit of the Ashland Borough Non-Uniformed Pension Plan was conducted to ensure adherence to state laws, regulations, and local policies. This audit, mandated by Act 205, assessed whether corrective actions were taken from prior recommendations and verified the administration of the pension plan from January 1, 2024, to December 31, 2025. Key audit activities included checking proper state aid deposits, employer and employee contributions, and the submission of required actuarial valuations. Despite previous issues with pension plan accounting and reporting, the audit found that corrective measures had been adopted. The Ashland Borough plan, which is managed by the Pennsylvania Municipal Retirement System, demonstrated compliance with significant applicable regulations and policies. Trends in funding progress, noted as supplementary information, indicate a funded status just below full coverage by 2025. While overall administration was compliant, the report suggested ongoing monitoring and cooperation between borough officials and the auditing body. This is an automated summary. Please rely on the contents included in the released audit report.