Published March 18, 2026
About This Audit
A compliance audit of the Bedminster Township Police Pension Plan, conducted for the period from January 1, 2021, to December 31, 2024, aimed to verify corrective actions from a prior report and ensure the plan’s administration adhered to applicable state laws, regulations, and policies. Conducted under the Municipal Pension Plan Funding Standard and Recovery Act, the audit evaluated state aid deposits, employer and employee contributions, and retirement benefit calculations. The audit concluded that the pension plan was substantially compliant with legal requirements. The Pennsylvania Municipal Retirement System administers the plan, which follows regulations and collective bargaining agreements. As of December 31, 2024, the plan had seven active members and nine retirees receiving benefits. Bedminster Township complied with previous recommendations, including improved financial reporting. The audit confirmed the plan’s compliance but did not provide an opinion on financial statements from the Pennsylvania Municipal Retirement System. This is an automated summary. Please rely on the contents included in the released audit report.