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

The compliance audit of Corydon Township’s Non-Uniformed Pension Plan assessed its administration from January 2024 to December 2025, under the Municipal Pension Plan Funding Standard and Recovery Act. Objectives included verifying corrective actions from prior findings and ensuring adherence to relevant laws and policies. Procedures tested compliance regarding state aid deposits, employer contributions, and reporting requirements for actuarial valuations. The audit concluded that the pension plan was administered in compliance with applicable requirements in significant respects. Corydon Township’s pension plan participates in the Pennsylvania Municipal Retirement System and follows local ordinances and Pennsylvania state laws. Actuarial calculations showed that the plan is well-funded, with assets exceeding liabilities. Township officials were praised for their cooperation during the audit process. This is an automated summary. Please rely on the contents included in the released audit report.