Portage Township Non-Uniformed Pension Plan – Cambria County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Portage Township Non-Uniformed Pension Plan examined whether officials addressed previous recommendations and complied with state laws and guidelines. Conducted under the Municipal Pension Plan Funding Standard and Recovery Act, the audit concluded that the plan generally complied with regulations, except for recurring noncompliance in returning excess state aid, as previously identified. Portage Township officials did not rectify excess state aid received in 2017-2019 and made similar over-collections in 2021-2024, amounting to excesses still present. The report urges prompt corrective measures to address this financial oversight. This is an automated summary. Please rely on the contents included in the released audit report.