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Vermont Municipal Employees Retirement System | State of Vermont Awards Financial Services Contract to IMPAX (August 2026)

Vermont Municipal Employees Retirement System | State of Vermont logoVermont Municipal Employees Retirement System | State of Vermont
Approved
Aug 18, 2026

The 30-second brief

What it covers

The VMERS Board unanimously approved terminating Impax’s Global Environmental Equity strategy and mapping the assets to age-appropriate Target Date Funds. The action followed concerns about significant turnover on the investment team.

Who holds it

IMPAX holds this financial services contract with Vermont Municipal Employees Retirement System | State of Vermont. Its other public contracts on record include work for Vermont State Teachers Retirement System | State of Vermont and Town of Northbridge.

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Contract details

Contract type
Financial Services
Document date
August 18, 2026
Vendor
IMPAX
Agency
Vermont Municipal Employees Retirement System | State of Vermont
Source document
Vermont Municipal Employees’ Retirement System Minutes Board of Trustees Meeting 2026-08-18 (Minutes)

IMPAX's other public contracts

Vermont State Teachers Retirement System | State of Vermont, VermontBoard Approves Termination of Impax Investment Strategy · Aug 12, 2026UndisclosedTown of Northbridge, MassachusettsMSHG to Consider Continuing Impax Services · May 26, 2026UndisclosedTown of Medway, MassachusettsBoard to Decide on Continuing Impax Services · May 26, 2026UndisclosedCity of Franklin, MassachusettsImpax Service Continuation Decision Slated For July 1 · May 26, 2026UndisclosedVermont State Employees Retirement System | State of Vermont, VermontBoard Approves Lower-Cost Impax Fund Share Class · Aug 14, 2025UndisclosedAll IMPAX contractsVendor profile

More Vermont Municipal Employees Retirement System | State of Vermont contracts

DOMINIRVK Recommends Continued Watch for Domini Fund · Aug 18, 2026UndisclosedMISSIONSQUARERVK Recommends Continued Watch for MissionSquare Fund · Aug 18, 2026UndisclosedState of Vermont Stable Value FundVMERS Discusses Stable Value Fund Redemption Notice · May 19, 2026UndisclosedSEGALSegal Experience Study Presentation Planned for VMERS · May 19, 2026UndisclosedRVKRVK Reviews VMERS Investment Funds and Watch List · May 19, 2026UndisclosedAll Vermont Municipal Employees Retirement System | State of Vermont activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Vermont Municipal Employees Retirement System | State of Vermont?

IMPAX was awarded this financial services contract by Vermont Municipal Employees Retirement System | State of Vermont, as recorded on August 18, 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 Vermont Municipal Employees’ Retirement System Minutes Board of Trustees Meeting 2026-08-18 (Minutes), dated August 18, 2026 from Vermont Municipal Employees Retirement System | State of Vermont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does IMPAX hold?

IMPAX 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 Vermont Municipal Employees Retirement System | State of Vermont currently buying?

Explore Vermont Municipal Employees Retirement System | State of Vermont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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