Texas Employees Retirement System | State of Texas Awards Financial Services Contract to Vanguard Institutional Index Fund (May 2026)
Texas Employees Retirement System | State of TexasState · Austin, TX- Approved
- May 19, 2026
The 30-second brief
The ERS Board approved transferring Texa$aver participant assets from the Vanguard Institutional Index Fund to the Vanguard S&P 500 CIT. The move lowers fees from 2 basis points to 0.8 basis points, with transfers expected by September 2026.
Vanguard Institutional Index Fund holds this financial services contract with Texas Employees Retirement System | State of Texas. Its other public contracts on record include work for Minnesota State Retirement System and City of Pasadena.
Term as filed: Transfer to Vanguard S&P 500 CIT; transfers to be completed by September 2026.
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Contract details
- Contract type
- Financial Services
- Document date
- May 19, 2026
- Term
- Transfer to Vanguard S&P 500 CIT; transfers to be completed by September 2026
- Source document
- Employees Retirement System of Texas Minutes Joint Meeting of the Board of Trustees and Investment Advisory Committee May 19, 2026 (Minutes)
Vanguard Institutional Index Fund's other public contracts
More Texas Employees Retirement System | State of Texas contracts
Questions about this contract
Who was awarded the financial services contract by Texas Employees Retirement System | State of Texas?
Vanguard Institutional Index Fund was awarded this financial services contract by Texas Employees Retirement System | State of Texas, as recorded on May 19, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Employees Retirement System of Texas Minutes Joint Meeting of the Board of Trustees and Investment Advisory Committee May 19, 2026 (Minutes), dated May 19, 2026 from Texas Employees Retirement System | State of Texas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Vanguard Institutional Index Fund hold?
Vanguard Institutional Index Fund 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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What is Texas Employees Retirement System | State of Texas currently buying?
Explore Texas Employees Retirement System | State of Texas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.