Published July 8, 2026
About This Audit
The compliance audit of North Londonderry Township Non-Uniformed Pension Plan, conducted in accordance with the Municipal Pension Plan Funding Standard and Recovery Act, aimed to ensure proper administration of the pension plan according to relevant state regulations, administrative procedures, and local ordinances. Covering the period from January 1, 2025, to December 31, 2025, the audit assessed state aid deposits, employer contributions, employee contributions, and retirement benefits disbursements. The audit concluded that the pension plan met all significant compliance benchmarks, and township officials are commended for their cooperation. The supplementary information provided, though unaudited, offers insights on the plan’s funding progress and contributions, highlighting that as of January 2025, the plan had a 98% funded ratio with assets nearly covering the actuarial accrued liability. This indicates strong administration and adherence to financial requirements. This is an automated summary. Please rely on the contents included in the released audit report.
