East Rockhill Township Non-Uniformed Pension Plan – Bucks County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the East Rockhill Township Non-Uniformed Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act, aimed to determine if appropriate corrective actions were taken following prior findings and assess compliance with relevant laws and regulations. The audit examined the period from January 1, 2023, to December 31, 2024, focusing on the determination and deposit of state aid, employer and employee contributions, and actuarial valuation report submissions. Findings showed that the pension plan was administered in compliance with applicable standards. The township’s pension plan, a participant in the Pennsylvania Municipal Retirement System, has improved its funding status over recent years as indicated by increasing funded ratios. Ultimately, the audit concluded that the East Rockhill Township Non-Uniformed Pension Plan upheld compliance requirements, providing reasonable assurance of effective administration. This is an automated summary. Please rely on the contents included in the released audit report.