Union Township Non-Uniformed Pension Plan – Erie County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of Union Township’s Non-Uniformed Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act, evaluated the township’s actions in response to prior audit findings and its compliance with applicable laws and regulations. This audit, covering a period ending December 31, 2024, examined proper funding of member accounts, accuracy of state aid allocation, employer contributions, employee contributions, and retirement benefits disbursements. The audit revealed issues, such as the township’s ongoing failure to correct previous funding deficiencies of member accounts and excess receipt of state aid. The audit also pointed out inaccuracies in completing required certification forms, leading to an overpayment of state aid. While the township has partially complied with prior recommendations, significant concerns remain, illustrating the need for improved administrative actions and compliance measures. It is imperative that Union Township addresses these findings to ensure the pension plan’s integrity and compliance with legislative requirements. This is an automated summary. Please rely on the contents included in the released audit report.