CONTRACTPENDING

BERS Plans VAF Administration Agreement With TRS

NYC-Board of Education Retirement System logoNYC-Board of Education Retirement System
Document date
Jul 25, 2023

The 30-second brief

What it covers

BERS management plans to draft a new administration agreement with TRS for investment and administration of the Variable Annuity Fund, in response to audit findings regarding regulatory non-compliance. The pending agreement is intended to formalize responsibilities and align practices with applicable education law and insurance requirements.

Who holds it

TRS holds this financial services contract with NYC-Board of Education Retirement System. Its other public contracts on record include work for Coupland Independent School District and Marathon ISD.

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Contract details

Contract type
Financial Services
Document date
July 25, 2023
Vendor
TRS
Source document
Board of Education Retirement System AgendaPacket Board Meeting 2023-07-25 (AgendaPacket)

TRS's other public contracts

More NYC-Board of Education Retirement System contracts

Questions about this contract

Who was awarded the financial services contract by NYC-Board of Education Retirement System?

TRS was awarded this financial services contract by NYC-Board of Education Retirement System, as recorded on July 25, 2023.

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 Board of Education Retirement System AgendaPacket Board Meeting 2023-07-25 (AgendaPacket), dated July 25, 2023 from NYC-Board of Education Retirement System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TRS hold?

TRS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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