Auburn Township Non-Uniformed Pension Plan – Susquehanna County – Audit Period January 1, 2020 to December 31, 2023

A compliance audit was conducted for the Auburn Township Non-Uniformed Pension Plan covering January 1, 2020, to December 31, 2023. The audit, conducted under the Municipal Pension Plan Funding Standard and Recovery Act authority, aimed to assess corrective actions on prior findings and compliance with applicable laws and regulations. The audit examined state aid deposits, employer contributions, and actuarial reports. It was found that while Auburn Township complied with recommendations from a previous report regarding professional services contracts, it partially complied concerning an unauthorized funding mechanism. Despite transferring $21,413 to an eligible mechanism for improper 2018-2019 funding, they improperly funded IRAs in 2020, which are ineligible for state aid. The audit concluded that the pension plan was administered in compliance with relevant laws and policies, except the noted unauthorized funding mechanism. Compliance improvements are recommended.