AuditsAudit Category: Municipal Pensions

Foster Township Non-Uniformed Pension Plan – McKean County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Foster Township Non-Uniformed Pension Plan, performed under the Municipal Pension Plan Funding Standard and Recovery Act, aimed to assess compliance with state laws, regulations, and local policies. The audit examined areas such as state-aid deposit timing, employer contributions, and compliance with actuarial reporting requirements. Throughout 2024, no employee contributions or […]

Sinking Spring Borough Police Pension Plan – Berks County – Period Ended December 31, 2024

A compliance audit of the Sinking Spring Borough Police Pension Plan was conducted by the Auditor General under the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to verify municipal compliance with state laws and ensure corrective actions from prior reports were implemented. The audit assessed if state aid, employer contributions, and […]

Sinking Spring Borough Non-Uniformed Pension Plan – Berks County – Period Ended December 31, 2024

A compliance audit of the Sinking Spring Borough Non-Uniformed Pension Plan was conducted by the Auditor General, under the Municipal Pension Plan Funding Standard and Recovery Act, to ensure proper use of state aid and compliance with relevant laws. The audit confirmed that the plan adhered to all applicable regulations, calculating and depositing state aid […]

Potter Township Non-Uniformed Union Pension Plan – Beaver County – Period Ended December 31, 2024

The compliance audit of the Potter Township Non-Uniformed Union Pension Plan, conducted under provisions of Act 205 by the Auditor General, aimed to verify adherence to relevant state laws and regulations. It was found that state aid and employer contributions were correctly determined and deposited and that the pension plan was administered properly. The multi-employer […]

Baden Borough Police Pension Plan – Beaver County – Period Ended December 31, 2024

The audit of the former Baden Borough Police Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act, assessed compliance with relevant state laws, regulations, and local ordinances. The audit confirmed that the pension plan adhered to these standards, examining aspects such as state aid deposits, employer contributions, and internal controls. Effective […]

Baden Borough Non-Uniformed Pension Plan – Beaver County – Period Ended December 31, 2024

The compliance audit of Baden Borough’s Non-Uniformed Pension Plan, conducted under the authority of Act 205, assessed the administration of the plan in accordance with state laws, regulations, and local policies. The audit aimed to verify proper management of state aid, employer, and employee contributions. It found that state aid was accurately determined and timely […]

Wyomissing Borough Police Pension Plan – Berks County – Period Ended December 31, 2024

Wyomissing Borough Non-Uniformed Defined Contribution Pension Plan – Berks County – Period Ended December 31, 2024

Wyomissing Borough Non-Uniformed Defined Benefit Pension Plan – Berks County – Period Ended December 31, 2024

Wyomissing Borough Firemen’s Defined Contribution Pension Plan – Berks County – Period Ended December 31, 2024