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

A compliance audit was conducted on the Paint Township Non-Uniformed Pension Plan, as required by the Municipal Pension Plan Funding Standard and Recovery Act. The objective was to assess whether prior findings were addressed and if the pension plan complied with state laws and regulations. The audit focused on areas such as the proper determination and deposit of state aid and employer contributions, absence of employee contributions, and compliance with investment contract provisions for the period 2021 to 2025. Township officials generally administered the plan in accordance with applicable regulations. However, the audit identified a recurring issue: the township received state aid exceeding its entitlement, which was partly unrectified as interest on overpaid aid was not reimbursed. The report recommends that township officials improve internal controls to prevent similar errors. In summary, the audit found compliance in most aspects, except for the noted issue regarding excess state aid. This is an automated summary. Please rely on the contents included in the released audit report.