Published April 1, 2026
About This Audit
A compliance audit of the Norwegian Township Police Pension Plan for January 1, 2021, to December 31, 2024, was conducted under the Municipal Pension Plan Funding Standard and Recovery Act’s authority. The audit assessed whether corrective actions from prior reports were addressed and if the pension plan complied with relevant laws and policies. The audit found partial compliance, noting the township’s failure to meet the Minimum Municipal Obligation (MMO), a repeat issue highlighted in previous reports. Despite some payments towards past due MMOs, obligations for 2021 and 2023 were unmet, totaling a funding deficiency of $187,424 as of December 31, 2024. This recurring shortfall emphasizes the need for Norwegian Township to adhere to its pension funding obligations to ensure compliance with Act 205. This is an automated summary. Please rely on the contents included in the released audit report.