Shamokin pension in 'moderate distress'

(The Center Square) — As another batch of municipal pension audits get released, Auditor General Tim DeFoor warns of shortfalls.

“Our audits make sure state pension aid is used as required by law, which helps to reduce financial burdens on local taxpayers,” DeFoor said in a press release. “Nearly a quarter of all the pension plans we support are in some state of distress. It is essential that our communities plan to make their pension payments on time to support our workers who take care of us.”