"Administrative costs" means those costs described in Section 402(9) of Act 205
3
and Auditor General Municipal Pension Bulletin No. 1-88. Allowable administrative costs shall satisfy the following criteria:
A. The cost shall be directly associated with the pension plan.
B. The Pension Committee shall monitor any services provided to ensure that the cost is necessary, reasonable and beneficial the pension plan and pension fund.
C. Appropriate records of costs are kept as necessary for the Auditor General audit.
3. Editor's Note: See 53 P.S. § 895.402.