Moore Township Police Pension Plan – Northampton County – Audit Period Ended December 31, 2023

The compliance audit of the Moore Township Police Pension Plan was conducted as per the Municipal Pension Plan Funding Standard and Recovery Act. The primary objectives were to assess if previous corrective actions were implemented and ensure the plan’s administration conformed with state laws, regulations, and local policies. The audit covered the period from January 1, 2022, to December 31, 2023, and focused on various aspects, including state aid deposits, employer contributions, and retirement benefit calculations. It was found that the pension plan complied with the requirements, showing no significant discrepancies. Additionally, Moore Township corrected a prior issue involving an overpayment of state aid. The Pension Plan, part of the Pennsylvania Municipal Retirement System, had 11 active members, 1 terminated member entitled to future benefits, and 6 retirees receiving benefits by the end of 2023. The audit results indicate satisfactory compliance, fostering confidence in the plan’s administration.