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

The compliance audit of the Narberth Borough Non-Uniformed Pension Plan in Montgomery County, Pennsylvania was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984). The audit aimed to determine the corrective actions by municipal officials on previous findings and compliance with applicable laws, regulations, and policies for the period ending December 31, 2024. It focused on deposits of state aid, employer and employee contributions, and actuarial valuations. The audit concluded that the pension plan was administered in compliance with laws, regulations, contracts, and local ordinances. This is an automated summary. Please rely on the contents included in the released audit report.