Coudersport Borough Police Pension Plan – Potter County – Reduced Period Engagement – Period Ended December 31, 2024

A compliance audit was conducted on the Coudersport Borough Police Pension Plan to ensure adherence to state laws and regulations as per the Municipal Pension Plan Funding Standard and Recovery Act. The audit covered through December 31, 2024, focusing on the proper calculation and deposition of state aid and employer contributions, as well as the absence of required employee contributions and benefit calculations during that period. The audit also verified the accuracy of the plan’s actuarial valuation report submission. The results indicated that the plan was administered in compliance with all relevant regulations. The audit’s scope did not include Government Auditing Standards, and supplementary information provided was not independently verified. The report recognizes the cooperation of Coudersport Borough officials during the audit process. This is an automated summary. Please rely on the contents included in the released audit report.