Published October 29, 2025
About This Audit
The compliance audit of the Forest Lake Township Non-Uniformed Pension Plan, covering January 1, 2021, to December 31, 2024, assessed compliance with state laws and suggested corrective actions from prior reports. The audit, conducted under the Municipal Pension Plan Funding Standard and Recovery Act (Act 205), evaluated whether state aid and contributions were managed according to regulations. The findings concluded the pension plan was compliant with relevant state laws and policies. The township showed corrective compliance by reimbursing overpayments from prior state aid. Additionally, the plan’s funding status, expressed through actuarial valuations and liabilities, showed progress in asset accumulation and compliance with state aid standards. Township officials have been cooperative throughout the audit. This is an automated summary. Please rely on the contents included in the released audit report.
