Woodbury Township Non-Uniformed Pension Plan – Blair County – Audit Period Ending December 31, 2023

The compliance audit of the Woodbury Township Non-Uniformed Pension Plan in Blair County, Pennsylvania, was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit, covering January 1 to December 31, 2023, examined whether the pension plan complied with relevant laws, regulations, contracts, and administrative procedures. Key findings indicated state aid was properly determined and deposited, employer contributions were accurately calculated, and no employee contributions were required. Additionally, there were no benefit calculations prepared during the audit period. The actuarial valuation report was timely submitted, and insurance contract terms were compliant. Township officials are tasked with effective internal controls to ensure compliance. Overall, the pension plan adheres to the applicable legal and regulatory standards, and no significant noncompliance was detected. The report’s findings were shared with township officials, and their cooperation was acknowledged.