Published August 5, 2026
About This Audit
The compliance audit of the Loyalsock Township Non-Uniformed Union Pension Plan was conducted as required by the Municipal Pension Plan Funding Standard and Recovery Act, focusing on whether the pension plan adhered to relevant laws, regulations, and policies from January 1, 2025, to December 31, 2025. Key audit procedures included verifying the proper deposit of state aid and employer contributions, confirming compliance with Act 205 requirements, and ensuring submission of the January 1, 2025, actuarial valuation report. The plan is part of the Central Pennsylvania Teamsters Pension Fund Plan, a multi-employer pension plan governed by ERISA. The audit concluded that the Loyalsock Township Pension Plan was managed in compliance with applicable standards. This is an automated summary. Please rely on the contents included in the released audit report.
