Hanover Township Non-Uniformed Employees’ Money Purchase Pension Plan – Northampton County – Audit Period Ended December 31, 2024

A compliance audit was conducted on Hanover Township’s Non-Uniformed Employees’ Money Purchase Pension Plan for the period between January 1, 2024, and December 31, 2024. The audit, mandated by the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984), aimed to ensure that the pension plan adhered to applicable state laws, regulations, contracts, and local policies. The methodology included verifying state aid deposits, evaluating employer and employee contributions, and ensuring timely submission of actuarial reports. The audit found the pension plan compliant in all significant respects. Hanover Township officials are tasked with maintaining effective controls to ensure compliance, and the audit commended their cooperation. The report is publicly available and confirms that required financial procedures were properly followed, thereby supporting the township’s adherence to legislative standards and securing its eligibility for state aid.