Published September 28, 2026
About This Audit
The compliance audit of the Warwick Township Police Pension Plan for 2025 was conducted under the Municipal Pension Plan Funding Standard and Recovery Act to verify compliance with state laws, regulations, and local policies. The audit focused on ensuring proper allocation of state aid, accurate calculation and deposition of employer and employee contributions, and compliance with the Deferred Retirement Option Plan provisions. It confirmed that required actuarial reports were prepared timely and that all transactions were in line with mandated guidelines. The audit found that the pension plan was managed according to applicable laws and regulations without significant issues. Township officials are responsible for maintaining effective internal controls, ensuring continued compliance. The report, shared with Warwick Township officials, appreciates their cooperation and highlights the pension plan’s robust adherence to regulatory requirements for the period reviewed, helping ensure the plan’s stable management. This is an automated summary. Please rely on the contents included in the released audit report.