Highspire Borough Non-Uniformed Pension Plan – Dauphin County – Audit Period Ended December 31, 2024

The compliance audit of Highspire Borough’s Non-Uniformed Pension Plan was conducted for the period January 1, 2024, to December 31, 2024. It was performed under the authority of Pennsylvania’s Act 205, which mandates audits for municipalities receiving state aid. The audit’s objective was to verify the plan’s compliance with relevant state laws, regulations, and local ordinances. Key areas assessed included proper deposit of state aid, adherence to requirements for employer and employee contributions, and submission of actuarial valuation reports. The audit found the pension plan in compliance with all applicable laws and regulations. The plan’s administration, including financial requirements and minimum municipal obligations, was verified for accuracy and proper execution. The audit determined that Highspire Borough appropriately managed its pension plan in adherence with established legal and regulatory frameworks, ensuring the plan’s financial health and sustainability.