Lower Makefield Township Non-Uniformed Pension Plan – Bucks County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Lower Makefield Township Non-Uniformed Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, evaluated compliance with state laws, regulations, contracts, administrative procedures, and local ordinances. Covering the period from January 1, 2024, to December 31, 2024, the audit focused on the proper deposit of state aid, employer and employee contributions, retirement benefits calculations, and the timely submission of the actuarial valuation report. The audit found that the pension plan was administered in compliance with applicable regulations during this period. Township officials cooperated during the audit, although the audit did not include their financial statements, and no opinion was expressed on those. This is an automated summary. Please rely on the contents included in the released audit report.