New Wilmington Borough Non-Uniformed Pension Plan – Lawrence County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit for the New Wilmington Borough Non-Uniformed Pension Plan in Lawrence County, Pennsylvania, was conducted under the authority of Act 205, which mandates audits for municipalities receiving state aid for pension systems. The audit aimed to assess corrective actions taken from previous audits and verify compliance with state laws and regulations for the pension plan. The audit found the borough’s pension plan largely compliant except for issues such as failure to properly fund members’ accounts and incorrect data on certification forms leading to state aid payment discrepancies. The borough was found responsible for making contributions in excess of requirements. Despite partial compliance with past recommendations, specific prior noncompliances remained unrectified. The audit reiterated concerns about prior unresolved findings and included recommendations urging timely corrections. This is an automated summary. Please rely on the contents included in the released audit report.