This investment policy establishes guidelines for the administration and management of all City investments except for the City’s Municipal Pension Fund and the Philadelphia Gas Works (PGW) Retirement Reserve Fund, the PGW OPEB Trust, and the PGW Workers’ Compensation Reserve Fund.

Investments covered under this investment policy include all operating, capital, debt service, and debt service reserve accounts of the City’s General Fund, Water Department, Aviation Division, and Philadelphia Gas Works. City investments need to conform to all legal requirements including applicable provisions of the City Code and City bond resolutions.

Visit the City Treasurer’s Office website for more information.