Muncy Creek Township Non-Uniformed Pension Plan – Lycoming County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Muncy Creek Township Non-Uniformed Pension Plan in Pennsylvania was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to ensure that previous corrective actions were taken and that the pension plan complied with relevant state laws, regulations, and policies. The audit found the plan was generally in compliance but noted a specific issue: in 2021, the township received $2,553 in state aid exceeding actual pension costs. This overpayment must be returned to the Commonwealth of Pennsylvania. Township officials are advised to reconcile future state aid allocations with actual pension costs to prevent similar occurrences. This is an automated summary. Please rely on the contents included in the released audit report.