Lafayette Township Non-Uniformed Pension Plan – McKean County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit was conducted on the Lafayette Township Non-Uniformed Pension Plan for the period January 1, 2024, to December 31, 2024. The purpose was to ensure compliance with state laws, regulations, contracts, and local ordinances, as per the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit verified the proper receipt and deposit of state aid, accuracy of employer contributions, and compliance with the plan’s terms and documentation. The audit found that the pension plan was administered in full compliance with relevant laws and policies. This is an automated summary. Please rely on the contents included in the released audit report.