CONTRACTAMENDED

VRS Reports BlackRock Investment Fee Reductions

Virginia Retirement System (Political Subdivisions) logoVirginia Retirement System (Political Subdivisions)
Document date
Sep 17, 2026

The 30-second brief

What it covers

VRS reported negotiated fee reductions of 20% to 50% for BlackRock index investment management funds. The reductions are expected to improve cost efficiency for plan participants.

Who holds it

BLACKROCK holds this financial services contract with Virginia Retirement System (Political Subdivisions). Its other public contracts on record include work for Lansing Board Of Water And Light Pension Fund (Closed 1996) and San Mateo Co Employees Retirement Assn.

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Contract details

Contract type
Financial Services
Document date
September 17, 2026
Vendor
BLACKROCK
Source document
Virginia Retirement System Minutes Board of Trustees Meeting 2026-09-17 (Minutes)

BLACKROCK's other public contracts

More Virginia Retirement System (Political Subdivisions) contracts

Questions about this contract

Who was awarded the financial services contract by Virginia Retirement System (Political Subdivisions)?

BLACKROCK was awarded this financial services contract by Virginia Retirement System (Political Subdivisions), as recorded on September 17, 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 Virginia Retirement System Minutes Board of Trustees Meeting 2026-09-17 (Minutes), dated September 17, 2026 from Virginia Retirement System (Political Subdivisions). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BLACKROCK hold?

BLACKROCK 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 Retirement System (Political Subdivisions) currently buying?

Explore Virginia Retirement System (Political Subdivisions)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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