Colebrookdale Township Police Pension Plan – Berks County – Reduced Period Engagement – Period Ended December 31, 2024

An audit was conducted on the Colebrookdale Township Police Pension Plan in compliance with the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit aimed to verify corrective actions on prior findings and assess compliance with regulations, ensuring proper administration. The audit covered the period from January 1, 2023, to December 31, 2024, and included evaluating state aid deposits, employer contributions, and ensuring no employee contributions were needed due to the absence of active employees. Additionally, the audit checked the Deferred Retirement Option Plan’s compliance and actuarial valuation report submission. The pension plan, established on January 1, 1976, participates in the Pennsylvania Municipal Retirement System and acted in compliance with state laws and regulations during the audited period. The plan had no active members by the end of 2024, as services transitioned to the Eastern Berks Regional Police Department. The audit concluded that the plan was administered appropriately. This is an automated summary. Please rely on the contents included in the released audit report.