Redstone Township Police Pension Plan – Fayette County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Redstone Township Police Pension Plan, conducted under the Municipal Pension Plan Funding Standard and Recovery Act (Act 205), evaluated the administration of the plan and the corrective actions taken concerning prior findings. Spanning the period from 2023 to 2024, the audit verified that state aid deposits were timely and annual employer contributions were correctly calculated and deposited. The plan waived employee contributions and did not prepare any benefit calculations during this period. The January 1, 2023, actuarial valuation report was timely and accurate. The audit concluded that the pension plan was managed in compliance with applicable laws and regulations. While the audit did not conform to all Government Auditing Standards, sufficient evidence provided reasonable assurance of compliance. This is an automated summary. Please rely on the contents included in the released audit report.