Seven Springs Borough Police Pension Plan – Somerset County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit was conducted on the Seven Springs Borough Police Pension Plan in Somerset County, Pennsylvania. The audit, authorized by the Municipal Pension Plan Funding Standard and Recovery Act, aimed to determine the plan’s adherence to relevant laws, regulations, and policies between January 1, 2025, and December 31, 2025. The audit confirmed that state aid and employer contributions were managed in compliance with Act 205. No employee contributions or benefit calculations were noted during this period, and the actuarial valuation report was submitted on time. Despite compliance in administration, the plan’s funded ratio declined significantly from 97.1% in 2021 to 63.0% in 2025, placing it in Level II moderate distress according to the Municipal Pension Reporting Program. This is an automated summary. Please rely on the contents included in the released audit report.