West Vincent Township Non-Uniformed Pension Plan – Chester County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit was conducted for the West Vincent Township Non-Uniformed Pension Plan, as required by Act 205, to assess whether municipal officials addressed previous findings and ensured the pension plan was managed according to state laws and local ordinances. The audit covered the period from January 1, 2020, to December 31, 2024, and confirmed that the plan was mostly compliant, though issues identified in previous audits were only partially resolved. Findings included incorrect data on Certification Form AG 385, inadequate funding of members’ accounts, exceeding state aid allocation entitlements, and awarding a professional services contract inconsistently with Act 205 guidelines. These issues underscore the need for the township to implement corrective actions promptly. Township officials acknowledged the findings, and their responses were included. The audit emphasizes the importance of adherence to legal and procedural standards to maintain the plan’s integrity. This is an automated summary. Please rely on the contents included in the released audit report.