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

A compliance audit of the Leacock Township Non-Uniformed Pension Plan, conducted under the authority of Act 205, revealed that the plan was administered in accordance with state laws, regulations, and local policies through December 31, 2024. The audit assessed corrective actions from a prior report and compliance with state aid and employer contribution requirements. No employee contributions or benefit calculations were required, and actuarial reports were timely submitted. An independent firm audits financial statements, and township officials ensure effective internal controls. The township addressed a prior recommendation by adopting a resolution for professional services procurement. The Leacock Township’s pension plan, governed by a 1988 resolution, requires the municipality to contribute 6.5% of the previous year’s gross pay, with no contributions required from active members. The report has been shared with local and state government officials, and is publicly accessible online. This is an automated summary. Please rely on the contents included in the released audit report.