Published September 4, 2025
About This Audit
In August 2025, a compliance audit was conducted on the Coudersport Borough Non-Uniformed Pension Plan in Potter County, Pennsylvania. This audit, performed under the authority of the Municipal Pension Plan Funding Standard and Recovery Act, aimed to ensure compliance with state laws, regulations, and policies regarding pension plan administration. The audit reviewed through December 31, 2024, focusing on the proper deposit of state aid, employer contributions, and benefit calculations for retirees and vested members. It concluded that the pension plan was administered in compliance with all applicable regulations. The audit found no significant issues and expressed appreciation for the cooperation received from borough officials. This is an automated summary. Please rely on the contents included in the released audit report.