Tunkhannock Township Nonuniformed Pension Plan - Monroe County - Compliance Audit Report - 06 17 08 -

TUNKHANNOCK TOWNSHIP NONUNIFORMED PENSION PLAN MONROE COUNTY COMPLIANCE AUDIT REPORT FOR THE PERIOD JANUARY 1, 2005, TO DECEMBER 31, 2007 TUNKHANNOCK TOWNSHIP NONUNIFORMED PENSION PLAN MONROE COUNTY COMPLIANCE AUDIT REPORT FOR THE PERIOD JANUARY 1, 2005, TO DECEMBER 31, 2007 CONTENTS Page Background......................................................................................................................................1 Letter from the Auditor General ......................................................................................................3 Status of Prior Finding.....................................................................................................................5 Supplementary Information .............................................................................................................6 Observation....................................................................................................................................10 Report Distribution List.................................................................................................................11 BACKGROUND On December 18, 1984, the Pennsylvania Legislature adopted the Municipal Pension Plan Funding Standard and Recovery Act (P.L. 1005, No. 205, as amended, 53 P.S. § 895.101 et seq.). The act established ...