VRS Uses CEM Benchmarking for Peer Cost Analysis
Virginia Joint Legislative Audit and Review Commission | Commonwealth of VirginiaState · Richmond, VA- Document date
- Dec 16, 2025
- Term
- Annual benchmarking service; ongoing
The 30-second brief
VRS uses CEM Benchmarking for annual analysis of investment expenses and retirement plan administration costs. The service compares VRS costs with those of peer retirement systems; no contract amount or end date is stated.
Cem Benchmarking holds this consulting contract with Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia. Its other public contracts on record include work for North Dakota Retirement and Investment Office and Alameda County Retirement Association.
Term as filed: Annual benchmarking service; ongoing.
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Contract details
- Contract type
- Consulting
- Document date
- December 16, 2025
- Term
- Annual benchmarking service; ongoing
- Vendor
- Cem Benchmarking
- Source document
- Joint Legislative Audit and Review Commission Report VRS Oversight Report 2025-12-16 (Report)
Cem Benchmarking's other public contracts
More Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia contracts
Questions about this contract
Who was awarded the consulting contract by Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia?
Cem Benchmarking was awarded this consulting contract by Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia, as recorded on December 16, 2025.
What type of contract is this?
This is a Consulting contract, documented as a report record.
Where was this contract approved?
This contract appears in Joint Legislative Audit and Review Commission Report VRS Oversight Report 2025-12-16 (Report), dated December 16, 2025 from Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Cem Benchmarking hold?
Cem Benchmarking 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 Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia currently buying?
Explore Virginia Joint Legislative Audit and Review Commission | Commonwealth of Virginia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.