Published May 30, 2025
About This Audit
The compliance audit of the Middletown Township Non-Uniformed Pension Plan was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act (Act 205), which mandates audits for municipalities that receive state aid for pension plans. The audit, carried out for the year 2024, aimed to assess compliance with relevant state laws, regulations, contracts, and local ordinances. Key aspects audited included the proper determination and timely deposit of state aid, employer and employee contributions, accurate calculation and disbursement of retirement benefits, and the submission of the actuarial valuation report. The results showed that the pension plan was administered in compliance with all significant legal and regulatory requirements. The report’s supplementary information was not audited. Township officials are responsible for maintaining effective internal controls to ensure compliance. The audit concluded overall effective compliance with the governing standards.