Skip to main content

Retirement System

Investment management for the City employees' pension fund

Original title: “Investment Management Services”

$136,777
paid on this contract in FY2025
$3.1M paid so far, of $10.0M agreed · runs to August 2029
August 20, 2019August 20, 2029
running

Paid to

JP Morgan Investment Management Incprime contractor$3.1M

Paid from, FY2025

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. The fund does not say where the money first came from.

Pension and employee benefit trust fund · operating100%$136,777

Paid year by year, FY2020–FY2026

$197,724 in FY2020 · $1.2M in FY2021 (the highest) · $73,713 in FY2026

Click a year to see its amount.

Type and award

Contract type: Rents and other non-purchase agreements

Award: No purchasing authority in legacy system

Next contract in this departmentInvestment management for the City employees' pension fund13th of 56 active contracts in this department by amount agreed$10.0M

Contract 1000015809 · Source: Supplier Contracts · every payment on this contract