Tamaqua Borough Non-Uniformed Defined Contribution Pension Plan – Schuylkill County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit was conducted on the Tamaqua Borough Non-Uniformed Defined Contribution Pension Plan in accordance with Act 205 requirements, covering periods between January 1, 2024 to December 31, 2025. The objective was to ensure the plan’s adherence to state laws, regulations, and local policies, specifically pertaining to the accurate calculation and timely deposit of state aid and employer contributions. It was found that the plan was mostly compliant, except for an incorrect data entry on Certification Form AG 385 that led to a $6,666 overpayment of state aid due to the inclusion of an ineligible employee. The report recommends returning the overpayment with interest to the Commonwealth and implementing better internal controls to prevent future errors. Borough officials have agreed with the findings, and future compliance will be monitored. This thorough examination aims to ensure accountability and transparency in the administration of municipal pension plans. This is an automated summary. Please rely on the contents included in the released audit report.