Laureldale Borough Non-Uniformed Pension Plan – Berks County – Audit Period Ended December 31, 2024

The audit of the Laureldale Borough Non-Uniformed Pension Plan in Berks County, Pennsylvania, assessed compliance with state laws and regulations as mandated by the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984). The audit, covering January 1, 2024, to December 31, 2024, was not conducted in accordance with Government Auditing Standards. Key audit areas included the proper deposit of state aid, employer contributions compliance, retirement benefit calculations, and actuarial reporting consistency. Borough officials were found to have maintained effective internal controls, ensuring compliance in all significant respects. The plan was noted for its adherence to requirements, with no issues of noncompliance found. The supplementary information provided remains unaudited. Overall, the Laureldale Borough Non-Uniformed Pension Plan is administered in accordance with relevant laws and regulations, demonstrating effective governance and financial management.