Warwick Township Non-Uniformed Employees’ Defined Benefit Pension Plan – Bucks County – Reduced Period Engagement – Period Ended December 31, 2025

The compliance audit of the Warwick Township Non-Uniformed Employees’ Defined Benefit Pension Plan was conducted as per the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit aimed to ensure the pension plan’s administration was compliant with state laws, regulations, contracts, administrative procedures, and local ordinances for the year 2025. Key audit procedures included verifying state aid deposits, employer contributions, and actuarial valuations. No noncompliance was found. It was determined that the pension plan was effectively administered according to relevant laws and policies. Actuarial reports consistently showed the plan’s assets exceeded liabilities, indicating a strong financial position. The audit findings were discussed with township officials, who cooperated throughout the audit process. This is an automated summary. Please rely on the contents included in the released audit report.