Published April 8, 2026
About This Audit
The compliance audit of the Lykens Borough Police Pension Plan, covering the period from January 1, 2021, to December 31, 2024, aimed to evaluate the implementation of corrective measures from preceding audits and ensure adherence to relevant laws and policies. Conducted according to Act 205 requirements, the audit confirmed the proper deposition of state aid and compliance with the plan’s governing documents. No employee contributions were required, nor were benefit calculations prepared during the audit period. Additionally, actuarial reports were filed timely as per Act 205. The plan is part of the Pennsylvania Municipal Retirement System, which provides a communal investment and management platform. Borough officials maintained effective controls, and the audit found compliance with applicable regulations in all significant aspects. The accompanying report discusses these findings and acknowledges the cooperation of Lykens Borough officials during the audit. This is an automated summary. Please rely on the contents included in the released audit report.