Lower Moreland Township Police Pension Plan – Montgomery County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit of the Lower Moreland Township Police Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act, assessed whether prior corrective actions were implemented and if the plan complied with state laws and regulations. The audit focused on verifying the proper deposit of state aid and employer contributions, accuracy of retirement benefits, and compliance with Deferred Retirement Option Plan provisions. It found that the plan was largely in compliance, except for errors in the Certification Form AG 385, resulting in a net overpayment of state aid. Municipal officials failed to correct this finding from a previous audit, although they took corrective steps by reimbursing some overpayments. The audit emphasized the need for timely correction of certification errors to avoid similar overpayments in the future. Overall, the police pension plan is well-managed but requires corrections in certification accuracy to prevent overpayments. This is an automated summary. Please rely on the contents included in the released audit report.