Auditor General DePasquale Releases Pension Plan Audits for Municipalities in Ten Counties

August 23 2013

Auditor General DePasquale Releases Pension Plan Audits for Municipalities in Ten Counties

HARRISBURG (Aug. 23, 2013) – Auditor General Eugene DePasquale today released audits of municipal pension plans for local government employees in Allegheny, Berks, Bucks, Butler, Chester, Erie, Luzerne, Montgomery, Tioga and Westmoreland counties.

State pension aid for police, firefighters and non-uniformed municipal employee pensions is provided from a two-percent tax on out-of-state casualty insurance premiums, a portion of the out-of-state fire insurance tax designated for paid firefighters, and any investment income earned on the collection of these taxes.

The objectives of pension plan audits are to determine, for the selected audit period, if the municipality complied with any prior audit recommendations and if the municipal pension plan is in compliance with applicable state laws, regulations, contracts, administrative procedures, and local ordinances and policies.

Specifically, department auditors review issues including whether:

• state aid was properly determined and deposited according to the requirements of the Municipal Pension Plan Funding Standard and Recovery Act;
• employer contributions were determined and deposited in compliance with the plan’s governing document and applicable state laws and regulations;
• employee contributions are required, and if so, whether they were properly determined and deposited into the pension plan;
• benefit payments were properly made only to those entitled to receive them;
• obligations for plan benefits were accurately determined under plan provisions and based upon complete and accurate participant data; and
• actuarial valuation reports were sent to the Public Employee Retirement Commission in accordance with state law and selected information provided on these reports is accurate, complete and in accordance with plan provisions to ensure compliance for participation in the state aid program.

The following audit reports are available online atwww.PaAuditor.gov/audit-reports:

Allegheny

• Rosslyn Farms Borough Nonuniformed Pension Plan
• Rosslyn Farms Borough Police Pension Plan
• West Mifflin Borough Nonuniformed Pension Plan
• West Mifflin Borough Police Pension Plan

Berks

• Longswamp Township Nonuniformed Pension Plan

Bucks

• Bensalem Township Nonuniformed Defined Contribution Pension Plan
• Bensalem Township Nonuniformed Pension Plan
• Bensalem Township Police Pension Plan

Butler

• Summit Township Nonuniformed Pension Plan

Chester

• Uwchlan Township Nonuniformed Pension Plan
• Uwchlan Township Police Pension Plan
• West Brandywine Township Nonuniformed Pension Plan
• West Brandywine Township Police Pension Plan

Erie

• Girard Borough Administrative Employees Pension Plan
• Girard Borough Nonuniformed Pension Plan
• Girard Borough Police Pension Plan

Luzerne

• Laflin Borough Nonuniformed Pension Plan
• Laflin Borough Police Pension Plan

Montgomery

• Lansdale Borough Nonuniformed Pension Plan-Primary Management
• Lansdale Borough Nonuniformed Pension Plan-Primary Union
• Lansdale Borough Nonuniformed Pension Plan-Secondary Management
• Lansdale Borough Nonuniformed Pension Plan-Secondary Union
• Lansdale Borough Police Pension Plan
• New Hanover Township Nonuniformed Pension Plan
• New Hanover Township Police Pension Plan

Tioga

• Westfield Borough Nonuniformed Pension Plan
• Westfield Borough Police Pension Plan

Westmoreland

• West Newton Borough Nonuniformed Pension Plan
• West Newton Borough Police Pension Plan

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