Hanover Township Non-Uniformed Pension Plan – Northampton County – Period Ended December 31, 2024

The compliance audit of the Hanover Township Non-Uniformed Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, aimed to verify the plan’s adherence to relevant state laws, regulations, contracts, procedures, and local policies. The audit focused on several key areas for the period from January 1, 2024, to December 31, 2024, including the proper determination and deposit of state aid, employer contributions calculations, absence of employee contributions, and accuracy of retirement benefits disbursed. Additionally, it examined the timely submission and accuracy of the January 1, 2023, actuarial valuation report. The audit concluded that the pension plan was administered in compliance with all applicable requirements. Township officials were responsible for maintaining effective internal controls, and audit findings were discussed with them. The report expresses appreciation for their cooperation during the audit process.