Conewago Township Police Pension Plan – Adams County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit of the Conewago Township Police Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act, aimed to verify compliance with state laws, regulations, and other policies from January 1, 2023, to December 31, 2024. The audit assessed the proper determination and deposition of state aid, employer and employee contributions, and the terms of investment contracts. Findings revealed two main issues: the failure to deposit the full 2024 state aid ($195,038) into the pension plan, with $11,354 remaining in the general fund, and improper elimination of members’ contributions. The audit recommends depositing the remaining state aid plus accrued interest into the pension plan and implementing procedures to ensure timely future deposits within 30 days of receipt. Township officials agreed with the audit findings and recommendations, and compliance will be monitored in future audits. This is an automated summary. Please rely on the contents included in the released audit report.