Published July 24, 2026
About This Audit
A compliance audit was conducted on the Collegeville Borough Non-Uniformed Pension Plan for the period January 1, 2024, to December 31, 2025, to ensure adherence to state laws and regulations outlined in the Municipal Pension Plan Funding Standard and Recovery Act. The audit focused on verifying corrective actions on prior findings and compliance with laws governing state aid, employer contributions, and the actuarial valuation report. The borough complied with previous recommendations concerning financial reporting. The plan participates in the Pennsylvania Municipal Retirement System and is locally managed. The audit concluded that the pension plan was compliant with applicable state laws and regulations during the audited period. This is an automated summary. Please rely on the contents included in the released audit report.
