Cherrytree Township Non-Uniformed Pension Plan – Venango County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit of Cherrytree Township’s Non-Uniformed Pension Plan was conducted to ensure it was operated in alignment with applicable laws, regulations, and policies, as required by Act 205. The audit found the plan was compliant in all significant respects for the period ending December 31, 2024. The audit focused on corrective actions from previous reports and compliance with state aid and contribution regulations. The plan’s administration was found to align with applicable local ordinances and policies, and an actuarial valuation was confirmed to have been submitted on time. This is an automated summary. Please rely on the contents included in the released audit report.