Loyalsock Township Non-Uniformed Pension Plan – Lycoming County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit of the Loyalsock Township Non-Uniformed Pension Plan in Lycoming County, Pennsylvania, was conducted under the Municipal Pension Plan Funding Standard and Recovery Act (Act 205 of 1984). The audit aimed to ensure the plan’s administration complies with applicable state laws, regulations, and local ordinances. The audit focused on determining compliance with state aid requirements, employer and employee contributions, and actuarial reporting. The period under review was January 1, 2025, to December 31, 2025. Findings revealed that pension benefits were modified without a prior cost estimate, violating Act 205, which could impact the plan’s fiscal health. This is an automated summary. Please rely on the contents included in the released audit report.