Published November 5, 2025
About This Audit
A compliance audit was conducted for the Old Lycoming Township Police Pension Plan covering January 1, 2022, to December 31, 2024, under the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to evaluate if prior corrective actions were implemented and if the plan adhered to relevant laws and regulations. The audit verified proper state aid deposits, compliance with minimum municipal obligation calculations, employee contributions, and the submission of actuarial reports. One key finding noted was the failure to properly determine and pay the plan’s Minimum Municipal Obligation for 2023, with an unpaid amount of $64,595. The township’s payroll estimates were found inaccurate, leading to this deficit. Despite this finding, the plan generally complied with applicable regulations. This is an automated summary. Please rely on the contents included in the released audit report.