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

The compliance audit of Greenfield Township’s Non-Uniformed Pension Plan, covering January 1, 2020, to December 31, 2023, assessed the administration of the plan against state laws, contracts, and local policies. The audit aimed to verify corrective measures from prior audits and ensure proper management of the non-uniformed pension plan. It found the plan generally compliant but noted specific noncompliance issues: excess state aid receipt and unresolved disposal of a life insurance policy from a previous police pension plan. The audit emphasized these repeated issues need addressing. It confirmed state aid was largely managed per regulations, but township officials failed to reconcile excess state aid from 2017 and 2019. The report, discussing findings and recommendations with township officials, urges corrective action and compliance with legal standards. The audit included transaction testing, interviews, and verification of procedures to ensure comprehensive oversight of the pension plan’s management.