Ralpho Township Non-Uniformed Pension Plan – Northumberland County – Reduced Period Engagement – Period Ended December 31, 2025

The compliance audit of the Ralpho Township Non-Uniformed Pension Plan was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act (Act 205) to ensure it adheres to state laws, regulations, contracts, and local policies. The audit covered January 1 to December 31, 2025, focusing on state aid, employer and employee contributions, actuarial reporting, and fund transfers. The township’s pension plan was found compliant in all major aspects. However, the pension’s funded ratio of 42.1% as of January 1, 2025, places it in a moderate distress category, as per Act 44’s criteria. Analysis of historical funding data shows fluctuations but indicates moderate distress due to insufficient assets to cover liabilities. The audit raised concerns about the plan’s funding, urging ongoing monitoring to enhance long-term financial stability. Overall, while compliant, the pension plan requires strategic management to improve its financial health. This is an automated summary. Please rely on the contents included in the released audit report.