Limestone Township Non-Uniformed Pension Plan – Union County – Audit Period Ended December 31, 2023

The compliance audit of the Limestone Township Non-Uniformed Pension Plan, conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, assessed the plan’s administration during January 1, 2022, to December 31, 2023. The audit focused on whether corrective actions from a prior report were implemented and if the plan adhered to relevant laws, regulations, and policies. The audit found that the plan was compliant with state requirements, confirming proper state aid handling and employer contributions. The evaluation of the actuarial valuation report confirmed adherence to Act 205 guidelines, ensuring the plan’s eligibility for state aid. Limestone Township relies on the Pennsylvania Municipal Retirement System (PMRS) for investment and administrative services. The audit noted the township’s responsibility for maintaining effective internal controls. The audit concluded that the pension plan is compliant with applicable laws and regulations. Township officials were cooperative throughout the audit.