Allegheny Township Non-Uniformed Pension Plan – Blair County – Audit Period January 1, 2020 to December 31, 2023

The Allegheny Township Non-Uniformed Pension Plan underwent a compliance audit for January 1, 2020, to December 31, 2023, as required by the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984). The audit aimed to ensure compliance with relevant state laws and regulations, focusing on the proper handling of state aid, employer and employee contributions, retiree benefits, and timely submission of actuarial valuation reports. The audit revealed two key findings: failure to deposit the full amount of state aid into an eligible pension plan, and untimely deposits of state aid for 2021 and 2024. Township officials acknowledged these findings and expressed readiness to rectify the issues. The audit concluded that while the pension plan largely adhered to applicable regulations and policies, improvements are needed in handling state aid to reduce the risk of fund misapplication. Compliance will be reassessed in the next audit.