Haverford Township Non-Uniformed Defined Contribution Pension Plan – Delaware County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Haverford Township Non-Uniformed Defined Contribution Pension Plan was conducted to ensure adherence to state laws, regulations, contracts, policies, and administrative procedures as required by the Municipal Pension Plan Funding Standard and Recovery Act. The audit covered the period from January 1, 2024, to December 31, 2024, focusing on the proper determination and deposit of state aid, employer, and employee contributions, as well as the correct disbursement of retirement benefits. Key findings demonstrated compliance with applicable regulations, and areas of the plan were confirmed to have met statutory funding requirements for the years 2019 to 2024. Township officials maintained effective internal controls, and discussions with township officials resulted in cooperative outcomes. The audit concluded that the pension plan was administered in compliance with all necessary legal and administrative requirements for the reviewed period. This is an automated summary. Please rely on the contents included in the released audit report.