Concord Township Non-Uniformed Pension Plan – Butler County – Audit Period January 1, 2023 to December 31, 2024

A compliance audit of Concord Township’s Non-Uniformed Pension Plan for 2023-2024 was conducted, ensuring adherence to state laws and the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit verified correct state aid deposits, employer contributions, and compliance with plan provisions. Notably, the audit revealed two findings: an underpayment of state aid due to incorrect data on Certification Form AG 385 and receipt of excess state aid previously. The township missed certifying an eligible employee, resulting in $4,222 in underpaid state aid, although only $1,110 was eligible for correction. The net underpayment of $546 will be allocated. Recommendations include enhanced internal controls to prevent future reporting errors. Township officials have agreed with the findings, and compliance plans are in place to address the issues. The audit appreciates the cooperation of township officials. This is an automated summary. Please rely on the contents included in the released audit report.