Fiscal Year 2025 Independent Audit Review
Summary
Financial consultants presented the annual pension review, highlighting that Haverford's pension plans have met or exceeded their 7.5% assumed rate of return and passed a rigorous state audit with zero findings. Commissioners discussed future minimum municipal obligations (MMOs) and market volatility.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed May 4, 2026.
Impact analysis
Pension fund assets grew significantly due to investment gains, helping offset benefit payouts and stabilizing long-term municipal obligations.
Township employees and retirees benefit from fully funded, well-managed pension plans, while taxpayers benefit from disciplined asset management and clean state audits.
Mentions & discussions (2)
Haverford Township Board of Commissioners Work Session — May 4, 2026
An independent audit report revealed strong financial health, clean accounting opinions, and significant improvements in police and non-uniform pension funding levels.
Haverford Township Board of Commissioners Work Session — February 2, 2026
Financial consultants presented the annual pension review, highlighting that Haverford's pension plans have met or exceeded their 7.5% assumed rate of return and passed a rigorous state audit with zero findings. Commissioners discussed future minimum municipal obligations (MMOs) and market volatility.
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