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Council advances steps to create a Philadelphia Retirement Savings Board; public commenters urge ethical investment rules
Summary
A resolution proposing a Home Rule Charter amendment to create a Philadelphia Retirement Savings Board was amended and placed on the final passage calendar; public speakers urged the board to adopt ethical investment rules to avoid weapons manufacturers and human‑rights‑implicated firms.
Council on Dec. 3 considered a resolution proposing an amendment to the Philadelphia Home Rule Charter to create a Philadelphia Retirement Savings Board and to submit that amendment to voters. The resolution (250970 as called in committee) was amended on the floor and placed on the final passage calendar.
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