Published February 3, 2025
About This Audit
A compliance audit was conducted for the New Holland Borough Non-Uniformed Pension Plan in Lancaster County, Pennsylvania, as mandated by Act 205. This audit evaluated the pension plan’s administration, focusing on compliance with state laws, regulations, contracts, procedures, and local policies. The audit aimed to verify if municipal officials had addressed prior findings and ensured compliance in pension plan administration. Key checks included verifying proper deposit of state aid, employer contributions, employee contributions, retirement benefits distribution, and the timely completion of actuarial valuations. Findings indicated compliance in all areas, and cooperation with borough officials was acknowledged.