Published September 9, 2025
About This Audit
The audit of the Penbrook Borough Non-Uniformed Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, aimed to verify compliance with state laws and the implementation of prior report recommendations. The audit examined if state aid and employer contributions were appropriately managed, confirming no employee contributions were required and that actuarial and insurance contracts complied with regulations. The audit findings confirmed the plan’s compliance in all material respects with applicable laws and regulations during the audit period ending December 31, 2024. This report reflects ongoing compliance and responsible plan management by Penbrook Borough officials. This is an automated summary. Please rely on the contents included in the released audit report.