Published August 5, 2025
About This Audit
A compliance audit of the Reading Township Police Pension Plan in Adams County, Pennsylvania, was conducted to ensure adherence to state laws, regulations, and policies as mandated by the Municipal Pension Plan Funding Standard and Recovery Act. The audit evaluated various aspects of pension administration, including state and employer contributions, employee contributions, and compliance with the plan’s terms and state aid program requirements. The audit revealed that the pension plan was generally compliant, with one significant exception: the collective bargaining agreement (CBA) included a retirement provision inconsistent with Act 600 and the plan’s governing document. This inconsistency could result in unauthorized pension benefits and improper fund allocation. It was recommended that the township aligns their governing documents and CBAs with Act 600 and ensure that excess benefits do not receive state aid. This action is crucial for proper pension administration and funding compliance. This is an automated summary. Please rely on the contents included in the released audit report.