Blossburg Borough Police Pension Plan – Tioga County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit of the Blossburg Borough Police Pension Plan was conducted to evaluate whether it was administered in accordance with state laws, regulations, contracts, and local policies. The audit, for the period January 1, 2025 to December 31, 2025, verified the appropriate deposit of state aid and employer contributions, and confirmed the waiver of employee contributions. Actuarial valuation reports were found compliant with submission deadlines. The audit concluded that, in all significant respects, the pension plan adhered to the required standards. However, concerns were raised about the plan’s funded status, as the funded ratio decreased from 73.9% in 2023 to 63.3% in 2025, suggesting a need for improved monitoring by borough officials to ensure long-term financial stability. This is an automated summary. Please rely on the contents included in the released audit report.