East Lampeter Township Non-Uniformed Pension Plan – Lancaster County – Audit Period Ended December 31, 2023

A compliance audit was conducted on the East Lampeter Township Non-Uniformed Pension Plan to ensure adherence to the Municipal Pension Plan Funding Standard and Recovery Act, focusing on the period from January 1, 2023, to December 31, 2023. The audit assessed the plan’s compliance with relevant laws and policies, verifying the correct determination and timely deposit of state aid and employer contributions, and ensuring employee contributions align with governing documents. No benefit calculations were prepared for the period, but the January 1, 2023 actuarial report was correctly submitted. The audit concluded that East Lampeter Township effectively managed and complied with applicable regulations. Actuarial valuations showed improved funding status from 102.9% in 2019 to 111.9% in 2023. The township relies on audits by an independent accounting firm for overall financial statements. East Lampeter Township manages a pension plan established in 1975 with contributions from both employees and the municipality.