TCRS Manages $202.7M Franklin Closed Pension Assets

The Tennessee Consolidated Retirement System continues to serve as investment administrator for the City of Franklin’s closed defined benefit pension plan, managing $202.7 million in assets as of May 31, 2026. The relationship, established in January 2017 and formalized by a management agreement in December 2018, includes oversight of the City’s alternative asset portfolio.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Since January 2017; ongoing as of May 31, 2026

Renewal

TCRS has provided investment administration services since January 2017, with a management agreement executed December 14, 2018; no specific renewal or end date is stated in the documents and the engagement appears ongoing.

Document type

AgendaPacket

Source document

City of Franklin Pension Committee Meeting Agenda Packet 2026-08-13

Related contracts

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City of Franklin Pension Committee Meeting Minutes 2026-08-13

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City of Franklin, TennesseeAug 13, 2026

City of Franklin Pension Committee Meeting Agenda 2026-08-13

ONGOING

City of Franklin, TennesseeAug 13, 2026

Pigeon Forge City Commission Minutes 2026-06-11

PENDING

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City of Crossville Minutes Work Session 2026-05-05

City of Loudon City Council Regular Meeting Agenda April 2026

APPROVED

City of Loudon, TennesseeApr 27, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Franklin?

Tennessee Consolidated Retirement System was awarded this financial services contract by City of Franklin, as recorded on August 13, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Franklin Pension Committee Meeting Agenda Packet 2026-08-13 (AgendaPacket), dated August 13, 2026 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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