Philadelphia Public Banking Coalition
Investing in Community
By Philadelphia Public Banking Coalition on
Our partners at Philly Neighborhood Networks have launched a petition drive to insist that the Philadelphia Pension Board invests here at home. Join us in signing the petition to let them know how important this is to each of us and out city as a whole. Spread the word to your friends and family, too. Click here to sign.
By Philadelphia Public Banking Coalition on
On Valentine’s day the Philadelphia Inquirer published this opinion piece by Philly Public Banking Coalition members, Peter Winslow and Stan Shapiro. The City has a pension fund of $8.4 billion, the article tells us. Just 2% of the current fund would yield $168 million to invest in targeted local projects, projects that would enhance the quality of life for residents… Continue reading "Bring Our Pension Money Home!"
By Philadelphia Public Banking Coalition on
As we were waiting for the new Administration to take office this month, we have developed a flexible, multipronged strategy for the period ahead. We’re pleased to announce our new three-part initiative to Bring Our Money Home. The first part is a collaboration with POWER Interfaith to inspire local congregations, institutions, and individuals to move millions of their dollars from global… Continue reading "Bring Our Money Home!"
By Philadelphia Public Banking Coalition on
Strengthening the Philadelphia Economy through Targeted Local Pension Investment The Philadelphia Public Banking Coalition proposes that the City Pension Fund target $160 million (2%) of its portfolio to a new asset class for local Economically Targeted Investments (ETIs). Download the full concept paper here or read our summary below. I. Overview The primary responsibility of the Philadelphia Pension Fund is to… Continue reading "Pension Fund Concept Paper"