Frazer Township Non-Uniformed Pension Plan – Allegheny County – Audit Period Ended December 31, 2023

The compliance audit of the Frazer Township Non-Uniformed Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, assessed whether the plan adhered to relevant state laws, regulations, and local policies. The audit covered the period of January 1, 2023, to December 31, 2023, and aimed to verify proper calculations and deposits of state aid, employer contributions, and the compliance of the actuarial valuation report submission. The audit concluded that the pension plan was administered in compliance with applicable laws and regulations. The Frazer Township Non-Uniformed Pension Plan, established on September 20, 1973, and governed by Ordinance No. 190, is locally managed and participates in the Pennsylvania Municipal Retirement System. The plan had two active members and two retirees by the end of 2023. Township officials are responsible for maintaining compliance and internal controls regarding the administration of the pension plan.