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Retirement System

Investment management for the City employees' pension fund

Original title: “Investment Management Services”

$375,000
paid on this contract in FY2025
$2.6M paid so far, of $4.4M agreed · runs to March 2028
February 4, 2022March 31, 2028
running

Contractor

Aksia LLC

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%$375,000

Paid year by year, FY2022–FY2026

$412,500 in FY2022 · $600,000 in FY2024 (the highest) · $525,000 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 departmentActuarial services for the Retirement System17th of 56 active contracts in this department by amount agreed$3.5M

Contract 1000024567 · Source: Supplier Contracts · every payment on this contract