Published January 29, 2026
About This Audit
A compliance audit of the Exeter Township Police Pension Plan in Berks County, Pennsylvania, was conducted under the authority of Act 205. The audit aimed to verify whether municipal officials implemented corrective actions from a prior report and if the pension plan was administered following state laws, regulations, contracts, and policies. The audit focused on areas such as state aid deposits, employer and employee contributions, retirement benefits, actuarial reports, and compliance with the Deferred Retirement Option Plan provisions. The audit found that the plan was generally in compliance, except for a failure to deposit the full amount of state aid in 2023 and 2024 into an eligible pension plan. The municipality received $497,745 and $654,321 for these years but did not fully deposit these amounts. Internal controls need improvement to ensure compliance in the future. Management agreed with the findings and recommendations. This is an automated summary. Please rely on the contents included in the released audit report.