Published June 23, 2025
About This Audit
A compliance audit was conducted for the Upper Mount Bethel Township Police Pension Plan under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit covered January 1 to December 31, 2024, verifying compliance with state laws, regulations, and plan provisions. It involved checking the correct deposit and calculation of state aid and employer contributions and confirming retirement benefits and contracts alignment with regulations. The report found overall compliance except for one issue: unauthorized pension payments to a former officer who didn’t meet the 12-year service requirement as per Act 600 and the plan’s governing document. The unauthorized benefits amounted to $1,149 monthly, totaling $122,915. This impacts plan costs and could lead to excess future state aid, increasing municipal contributions. The township is advised to align with Act 600 to rectify this. The audit’s findings were discussed with township officials.