Published January 21, 2026
About This Audit
An audit was conducted on the Cranberry Township Police Pension Plan under the authority of the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984). The objective was to assess whether the plan adhered to state laws, regulations, contracts, procedures, and local ordinances. The audit covered periods from January 1, 2023, to December 31, 2024, scrutinizing state aid deposits, employee and employer contributions, retirement benefits, and compliance with Act 205 provisions. Although generally compliant, the township failed to deposit the full amount of 2024 state aid into the pension plan, leaving $35,254 undeposited. The municipality must deposit these funds, plus interest, into the plan and implement controls to prevent such issues. Officials agreed with the finding, and compliance will be monitored in future audits. This audit underscores the importance of strict adherence to funding regulations to secure state aid and ensure financial integrity. This is an automated summary. Please rely on the contents included in the released audit report.