Mahoning Township Police Pension Plan – Lawrence County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit of the Mahoning Township Police Pension Plan, conducted under the authority of Pennsylvania’s Municipal Pension Plan Funding Standard and Recovery Act, assessed the administration of the pension plan for a period ending December 31, 2024. The audit aimed to verify if corrective actions addressed prior findings and if the pension was managed in accordance with relevant laws and policies. It was highlighted that the Township did not fully comply with recommendations from previous audits, notably regarding timely deposits of state aid and accurate calculation of minimum municipal obligations. Findings included untimely deposits of state aid and failure to deposit the full amounts due. This is an automated summary. Please rely on the contents included in the released audit report.