Published June 16, 2025
About This Audit
A compliance audit was conducted on the Doylestown Township Police Pension Plan for the period from January 1, 2024, to December 31, 2024, following the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit was aimed at assessing whether the pension plan was administered in line with state laws, regulations, contracts, administrative procedures, and local ordinances. The procedures included verifying the timely deposit of state aid, employer, and employee contributions, ensuring compliance with Deferred Retirement Option Plan provisions, and confirming the accuracy of the 2023 actuarial valuation report. The findings indicated that the pension plan was managed correctly, with no significant compliance issues detected. This audit provides reasonable assurance that the pension plan is being operated effectively under the governing laws and regulations.