Published November 9, 2026
About This Audit
The compliance audit of the Hampton Township Money Purchase Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, aimed to verify the implementation of corrective actions from previous findings and assess compliance with state laws and local policies from 2024 to 2025. The audit evaluated the proper computation, deposit, and administration of state aid, employer, and employee contributions and confirmed their adherence to legal requirements. The findings confirmed that Hampton Township administered the pension plan in compliance with relevant laws and regulations. Additionally, the township had corrected prior issues such as data inaccuracies and the misallocation of forfeitures. The effective cooperation of township officials facilitated the audit process, ensuring adherence to the plan’s provisions. This is an automated summary. Please rely on the contents included in the released audit report.