Parks Township Non-Uniformed Pension Plan – Armstrong County – Reduced Period Engagement – Period Ended December 31, 2025

The compliance audit of the Parks Township Non-Uniformed Pension Plan aimed to verify adherence to relevant state laws, regulations, contracts, and policies, as part of compliance with the Municipal Pension Plan Funding Standard and Recovery Act. Conducted for the period January 1, 2025, to December 31, 2025, the audit checked the proper determination and timely deposit of state aid, the calculation and deposit of employer and employee contributions, and the preparation of actuarial valuation reports. The audit’s findings revealed no significant noncompliance issues, indicating the pension plan was managed in adherence to applicable standards. Township officials collaborated with auditors, and their feedback was incorporated. As of the audit date, no active members were contributing to the pension plan, which is governed by Resolution No. 3-2014. The audit results were communicated to Parks Township officials and are accessible online, reflecting the transparent and cooperative nature of the process. This is an automated summary. Please rely on the contents included in the released audit report.