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

The compliance audit of Solebury Township’s Non-Uniformed Pension Plan assessed whether municipal corrections from a previous report were implemented and if the plan complied with state laws and regulations. For the audit period from January 1, 2023, to December 31, 2024, state aid deposits and employer and employee contributions were reviewed for timeliness and accuracy, with adherence to the plan’s governing documents and Act 205. The township’s pension plan is part of the Pennsylvania Municipal Retirement System, which was not audited. Overall, the plan complied with most legal and policy requirements, but a $3,164 contribution was wrongly credited to a terminated member’s account, necessitating a correction. Township officials have acknowledged the error and plan to rectify it by transferring the funds to the correct member. The audit revealed that the township has addressed previous recommendations successfully. This is an automated summary. Please rely on the contents included in the released audit report.