Bridgewater Borough Non-Uniformed Pension Plan – Beaver County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Bridgewater Borough Non-Uniformed Pension Plan in Beaver County, Pennsylvania, was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit aimed to verify if corrective actions from a previous report were implemented and if the pension plan was compliant with applicable state laws, regulations, and procedures. The audit, covering January 1, 2023, to December 31, 2024, assessed state aid deposits, employer contributions, and retirement benefits, ensuring adherence to legal standards. The pension plan is administered under the Pennsylvania Municipal Retirement System. It was confirmed that the plan was in compliance with all relevant legal and regulatory requirements. Borough officials maintained effective internal controls, and prior issues with record-keeping were addressed. This is an automated summary. Please rely on the contents included in the released audit report.