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

The compliance audit of East Rockhill Township’s Non-Uniformed Cash Balance Pension Plan examined adherence to the Municipal Pension Plan Funding Standard and Recovery Act (Act 205) from January 1, 2023, to December 31, 2024. The audit’s objectives were to assess if corrective action was taken on previous findings and if the pension plan complied with relevant laws and regulations. The audit methodology involved checking the proper deposit of state aid, verifying employer and employee contributions, and confirming the absence of any benefit calculations. The plan is part of the Pennsylvania Municipal Retirement System, which handles investments and administration. The audit concluded that the pension plan complied with applicable laws and policies, and township officials effectively maintained internal controls. Compliance with prior audit recommendations was also achieved. This is an automated summary. Please rely on the contents included in the released audit report.