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

The compliance audit of the Sugarloaf Township Non-Uniformed Pension Plan was conducted to determine its adherence to applicable state laws and regulations, as per the Municipal Pension Plan Funding Standard and Recovery Act. The audit covered the period from January 1, 2025, to December 31, 2025, assessing state aid deposits, employer contributions, and the absence of employee contributions and benefit calculations. It confirmed that the plan was compliant with state requirements and local policies. Township officials must maintain internal controls for continued compliance. Historical data indicates a fluctuating funded ratio, from 99.3% in 2021 to 90.0% in 2025. The audit concluded positively, stating that the Sugarloaf Township Non-Uniformed Pension Plan meets compliance requirements, illustrating a stable administration. This is an automated summary. Please rely on the contents included in the released audit report.