ICYMI: Auditor General DeFoor Warned Nearly 22 Percent of Municipal Pension Plans are in Distress; Reminded Local Governments to Make Required Contributions
HARRISBURG – On June 5, 2023, Auditor General Timothy DeFoor issued a warning for municipalities to make the required contributions to their pension plans, after a recent report from the department showed 22 percent of municipal pension plans are in some state of distress. Municipal pension plans are considered in some state of distress if they are less […]