Published March 30, 2026
About This Audit
The compliance audit for McKean Township’s Non-Uniformed Pension Plan, covering January 1, 2021, to December 31, 2024, aimed to evaluate corrective actions from a previous report and compliance with relevant state laws and regulations. The audit, authorized by Act 205, was conducted with evidence-based approaches to ensure pension plan administration conformed with applicable statutes and local ordinances. Key areas assessed included state aid deposits, employer contribution calculations, retirement benefits for eligible members, and timely submission of actuarial valuation reports. It concluded that the pension plan was administered in compliance with all relevant regulations. The township had addressed prior issues related to record-keeping and demonstrated progress in maintaining accurate financial records, although no assurance was provided on supplementary financial information, which was not audited. The findings confirm the plan’s alignment with legal and procedural standards. This is an automated summary. Please rely on the contents included in the released audit report.