Morris Township Non-Uniformed Pension Plan – Clearfield County – Audit Period January 1, 2020 to December 31, 2023

A compliance audit was conducted for the Morris Township Non-Uniformed Pension Plan from January 1, 2020, to December 31, 2023, in accordance with the Municipal Pension Plan Funding Standard and Recovery Act. The audit assessed compliance with state laws, regulations, contracts, administrative procedures, and local policies. It confirmed the correctness of state aid deposits, employer contributions, and actuarial report submissions. Findings revealed an incorrect certification on Form AG 385 resulting in underpayment of state aid due to clerical oversight and insufficient internal controls. As a corrective measure, the report recommends implementing robust internal review procedures. Overall, except for this finding, the plan was generally compliant with relevant requirements. The management agreed with the findings, and compliance will be reassessed in the next audit. The audit underscores the critical need for accurate data submission and internal control to ensure proper pension plan management.