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

The compliance audit of the Cumberland Township Non-Uniformed Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act, assessed whether the plan was managed in accordance with relevant laws and policies. The audit through December 31, 2024, evaluated state aid deposits, employer contributions, employee contribution requirements, retirement benefit calculations for a retired member, and the submission of the actuarial valuation report. The audit concluded that the pension plan was administered in compliance with the applicable requirements. The report underscores the township officials’ responsibility for maintaining internal controls to ensure compliance. Supplementary information about the pension plan, including the schedule of funding progress with funding ratios from 2019 to 2023 and the summary of contributions, was also provided alongside notes on actuarial assumptions and methods. The report was shared with officials, and no opinion was made on the financial statements by the auditing firm. This is an automated summary. Please rely on the contents included in the released audit report.