Knox Township Non-Uniformed Pension Plan – Clarion County – Audit Period January 1, 2022 to December 31, 2023

The compliance audit of Knox Township’s Non-Uniformed Pension Plan, conducted for the period from January 1, 2022, to December 31, 2023, assessed compliance with state laws, regulations, contracts, administrative procedures, and local ordinances. Authorized under Act 205, the audit evaluated whether state aid and employer contributions were properly calculated, deposited, and documented, and confirmed the absence of employee contributions and benefit calculations during the audit period. The audit methodology included verifying state aid compliance and analyzing actuarial valuation reports. The findings indicated compliance in all significant respects with relevant statutes and policies. The report, discussed with township officials who cooperated during the audit process, concluded that the pension plan was well-managed and was in adherence to legal and regulatory requirements, confirming effective internal control by township officials.