Cressona Borough Non-Uniformed Pension Plan – Schuylkill County – Reduced Period Engagement – Period Ended December 31, 2024

In October 2025, a compliance audit was conducted on the Cressona Borough Non-Uniformed Pension Plan, in line with Act 205 requirements. The audit aimed to assess whether corrective actions were taken following the previous audit and if the plan was administered adhering to relevant laws and policies. The audit, covering transactions from January 1, 2021, to December 31, 2024, identified issues including the failure to deposit the full amount of state aid into the pension plan, insufficient payment of the minimum municipal obligation, and ongoing noncompliance with a prior recommendation to implement mandatory provisions of Act 205. Specifically, Cressona Borough did not deposit all state aid received in 2022 and 2024 into the pension plan, affecting fund availability and increasing misapplication risk. This is an automated summary. Please rely on the contents included in the released audit report.