Published May 5, 2025
About This Audit
The compliance audit of the Mount Pleasant Township Non-Uniformed Pension Plan for January 1, 2020, to December 31, 2023, assessed whether officials took corrective action on previous findings and if the plan was managed per relevant laws and policies. The audit followed the Municipal Pension Plan Funding Standard and Recovery Act guidelines and confirmed that the pension plan adhered to required financial processes, such as the proper handling of state aid, employer and employee contributions, and accurate retirement benefits calculation. Additionally, the audit verified the timely submission of actuarial valuation reports. Mount Pleasant Township complied with previous advice regarding record-keeping. The audit concluded that the pension plan was administered in compliance with applicable regulations, providing assurance of its effective governance.