West Goshen Township Police Pension Plan – Chester County – Audit Period Ended December 31, 2023

A compliance audit of the West Goshen Township Police Pension Plan was performed as per the Municipal Pension Plan Funding Standard and Recovery Act. The audit evaluated plan administration compliance with state laws, regulations, contracts, procedures, and ordinances. The audit, covering January 1, 2023, to December 31, 2023, verified proper state aid deposits, employer contributions, employee contributions, and retirement reimbursements. The audit confirmed compliance with pension obligations, benefit calculations, and Deferred Retirement Option Plan provisions. It was found that the pension plan adhered to all applicable regulatory requirements and was administered properly. The audit was not conducted according to the Government Auditing Standards from the Comptroller General of the United States. The actuarial valuation and contributions were evaluated for compliance and accuracy. Township officials are responsible for maintaining internal controls to ensure ongoing compliance. The audit concluded that the pension plan was compliant with all relevant mandates for the specified period.