May 28, 2025 - Harrisburg, PA
Auditor General Timothy L. DeFoor today issued a warning for municipalities to make the required contributions to their pension plans, after a recent report from the department showed 25% of municipal pension plans are in some state of distress."Local government pension plans are essential to making sure those who dedicate their life to public service have the pension we promised them," Auditor General DeFoor said. "We've seen some improvement in the number of pension plans in some sort of distress, however, more needs to be done. Those in charge of those plans need to take steps to make sure the money is managed appropriately, invested wisely and local contributions are made."Auditor General DeFoor warned that municipalities are legally obligated to make their required contributions to their pension plans. If they do not, he said, the burden will fall to the taxpayers in the form of higher taxes or difficult choices in funding community projects and personnel.Speakers Include:PA Auditor General Timothy DeFoorPAPERS President Robert Mettley
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