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

A compliance audit was conducted on the Meyersdale Borough Non-Uniformed Pension Plan in Somerset County, Pennsylvania as required by the Municipal Pension Plan Funding Standard and Recovery Act, Act 205 of 1984. The audit aimed to determine whether previous corrective actions were taken and ensure compliance with state laws and regulations. The audit revealed that for the period between January 1, 2023, and December 31, 2024, the pension plan was administered correctly with no major compliance issues detected. It ensured proper state aid deposits and adherence to financial requirements and contributions. Although the audit was not performed under the Government Auditing Standards, satisfactory evidence was gathered to draw conclusions. The results demonstrated that Meyersdale Borough officials maintained compliance with laws and regulations, indicating a well-administered pension plan. The report also acknowledged the cooperation of borough officials during the audit process. This is an automated summary. Please rely on the contents included in the released audit report.