Shenango Township Non-Uniformed Union Pension Plan – Lawrence County – Audit Period Ended December 31, 2023

A compliance audit was conducted on Shenango Township’s Non-Uniformed Union Pension Plan, as mandated by the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit assessed if municipal officials addressed previous findings and whether the pension plan adhered to relevant laws and regulations. Focus areas included proper determination and timely deposit of state aid, accurate calculation and deposit of employer contributions, and adherence to collective bargaining agreements. The audit, spanning January 1, 2022, to December 31, 2023, concluded that Shenango Township met compliance requirements in significant aspects. The township’s non-uniformed union employees participate in the Western Pennsylvania Teamsters and Employers Pension Fund. Importantly, all findings were discussed with township officials, who provided full cooperation. The final report is public and available online.