Lititz Borough Council has taken a significant step towards ensuring the financial stability of its pension obligations for 2026. During the recent meeting on September 30, 2025, the council approved the minimum municipal pension obligations for both nonuniform employees and the police department, totaling $496,002. This decision comes after careful calculations and preparations by financial experts from Foster and Foster, as well as Conrad Siegel.
The approved amount includes $251,950 for nonuniform staff and $245,052 for the police department, reflecting the borough's commitment to fulfilling its pension responsibilities. This annual process is crucial for maintaining the financial health of the borough's pension plans and ensuring that employees receive the benefits they have earned.
In addition to the pension discussions, the finance committee has been actively engaging with various departments over the past few weeks to review financial matters, indicating a proactive approach to budget management and resource allocation.
The council's approval of the pension obligations not only underscores its dedication to employee welfare but also sets a solid foundation for the borough's financial planning in the coming year. As Lititz Borough moves forward, these decisions will play a vital role in supporting its workforce and maintaining community trust.