Published September 4, 2025
About This Audit
A compliance audit was conducted on the Cumberland Township Police Pension Plan to verify its adherence to state laws, regulations, and municipal policies for 2024. This audit was carried out under the Municipal Pension Plan Funding Standard and Recovery Act, which mandates audits for municipalities receiving state aid. The audit assessed whether state aid and employer contributions were accurately determined, calculated, and deposited. It also verified that no employee contributions were necessary due to the municipality’s waiver, and confirmed that retirement benefits were calculated and disbursed properly. Furthermore, the audit ensured compliance with Act 205 regarding the February 2023 actuarial valuation report and Deferred Retirement Option Plan provisions. The Township contracted an independent firm for annual financial audits, leaving those statements unaudited by the compliance audit. Overall, the results indicated compliance by the pension plan with relevant rules and regulations. This is an automated summary. Please rely on the contents included in the released audit report.