Derry Township Non-Uniformed Pension Plan – Westmoreland County – Audit Period Ended December 31, 2023

The compliance audit of the Derry Township Non-Uniformed Pension Plan, conducted under the authority of Act 205, assessed compliance with state laws, regulations, and local policies. The audit focused on verifying state aid deposits, employer contributions, and retirement benefits calculations for the period of January 1, 2023, to December 31, 2023. It was determined that Derry Township’s pension plan adhered to statutory requirements, with state aid and employer contributions properly calculated and deposited. No employee contributions were required, and retirement benefits were accurately disbursed. The January 2023 actuarial valuation report was submitted on time, aligning with Act 205 criteria. The pension plan, a participant in the Pennsylvania Municipal Retirement System, demonstrated compliance with relevant regulations and mandates. Auditor General Timothy L. DeFoor thanked township officials for their cooperation, concluding that the pension plan effectively met its compliance objectives during the audited period.