New Bethlehem Borough Non-Uniformed Pension Plan – Clarion County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit of the New Bethlehem Borough Non-Uniformed Pension Plan was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to verify if previous corrective actions were implemented and if the pension plan complied with all relevant laws and regulations. Criteria included assessing state aid, employer and employee contributions, and adherence to the plan’s governing documents. The audit concluded that the pension plan mostly adhered to regulations, except for a failure to fully fund the accounts of two members in 2023, an issue for which borough officials agreed to a corrective action plan including paying interest on delinquent contributions. This is an automated summary. Please rely on the contents included in the released audit report.