Published June 3, 2026
About This Audit
A compliance audit was conducted on the Old Forge Borough Non-Uniformed Pension Plan covering January 1, 2021, to December 31, 2024, to verify adherence to state laws, regulations, and internal policies. The audit, not following Government Auditing Standards, aimed to ensure prior corrective actions were addressed and compliance with state laws. The audit found compliance with significant legal requirements and proper administration of the pension plan, including accurate deposits of state aid and contributions, employee contribution handling, retirement benefit calculations, and actuarial report submissions. The Borough has corrected an issue related to the Certification Form AG 385 from a previous audit. The audit reports were discussed with Borough officials, who cooperated fully. The results confirm that the pension plan was managed according to applicable regulations. This is an automated summary. Please rely on the contents included in the released audit report.