Published May 30, 2025
About This Audit
A compliance audit was conducted on the Chestnuthill Township Non-Uniformed Pension Plan to assess compliance with applicable state laws, regulations, contracts, and local ordinances, as required by Pennsylvania’s Municipal Pension Plan Funding Standard and Recovery Act. For the period January 1, 2024, to December 31, 2024, the audit verified the proper determination and deposit of state aid and employer contributions, confirmed no employee contributions or benefit calculations were required, and ensured compliance with unallocated insurance contract terms. The audit concluded that the plan was administrated in compliance with all requirements. The audit findings were discussed with township officials, and their cooperation was acknowledged. The plan had state aid deposited consistently over the years with the township providing necessary employer contributions. The audit indicates that the municipality met its funding requirements adequately and in adherence to stipulated guidelines.