Warwick Township, Pa., is searching for an investment consultant for its two defined benefit pension plans, confirmed Gail V. Weniger, township manager.
The two pension funds are the Warwick Township Police Pension Plan and the Warwick Township Non-Uniformed Pension Plan, with combined assets of $8 million. The township has a policy to put the services up for bid every three years, and current consultant Janney Montgomery Scott is invited to rebid, according to Ms. Weniger.
The RFP is available on the PennBid procurement website.
Registration on PennBid is required. Proposals are due at midnight EST on Feb. 14. A decision is expected to be made no later than April 7.
