Lower Towamensing Township Non-Uniformed Cash Balance Pension Plan – Carbon County – Audit Period Ended December 31, 2023

A compliance audit of the Lower Towamensing Township Non-Uniformed Cash Balance Pension Plan, conducted under authority of the Municipal Pension Plan Funding Standard and Recovery Act, assessed adherence to state laws and regulations from 2019 to 2023. The audit evaluated corrective actions from prior reports and the proper administration of the pension plan, ensuring that state aid and contributions were calculated and deposited accurately. While most compliance measures were met, there was an issue with certification forms, resulting in a net overpayment of state aid due to incorrect data. This issue, noted in previous audits, remains unaddressed. The report urges prompt rectification by township officials. Township officials are reminded of their responsibility for effective internal controls to maintain compliance. The report thanked the officials for their cooperation and highlighted that the supplementary information was not individually audited. Further discussions with township officials have been integrated into the report.