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

The compliance audit of the Luzerne Township Non-Uniformed Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, aimed to ensure municipal officials addressed previous findings and assessed compliance with state laws and regulations. The audit, covering the period January 1, 2023, to December 31, 2024, reviewed state aid deposits, employer contributions, employee contributions, retirement benefit calculations, actuarial report submission, and insurance contracts. Luzerne Township officials established effective internal controls, and the audit found the pension plan compliant in all significant respects. The township amended its ordinance, setting employer contributions at 18.75% of compensation, addressing a prior recommendation. The township funds the plan through allocated insurance contracts, and as of December 31, 2024, the plan included five active members. The audit supports that Luzerne Township efficiently administers the pension plan, adhering to all relevant legal and procedural standards. This is an automated summary. Please rely on the contents included in the released audit report.