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VRS Reduces BlackRock Index Fund Fees

Virginia Retirement System (Political Subdivisions) logoVirginia Retirement System (Political Subdivisions)
Document date
Oct 15, 2026

The 30-second brief

What it covers

VRS reduced fees on BlackRock index investment management funds by 20% to 50%. The fee changes are intended to improve cost efficiency for 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 San Mateo Co Employees Retirement Assn and Gulf Coast Water Authority.

Hear about the next contract at Virginia Retirement System (Political Subdivisions) early.

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Contract details

Contract type
Financial Services
Document date
October 15, 2026
Vendor
BLACKROCK
Agency
Virginia Retirement System (Political Subdivisions)
Source document
Virginia Retirement System AgendaPacket Board Meeting 2026-10-15 (AgendaPacket)

BLACKROCK's other public contracts

San Mateo Co Employees Retirement Assn, CaliforniaSamCERA Reviews BlackRock Credit Management · Nov 3, 2026UndisclosedGulf Coast Water Authority, TexasBlackrock Considered for SCADA Migration · Nov 2, 2026UndisclosedAlameda-Contra Costa Transit District Retirement System, CaliforniaRetirement Plan Pays BlackRock Investment Management Fee · Oct 29, 2026$5.4KConcord Contributory Retirement System, MassachusettsBoard to Hear BlackRock Investment Manager Presentation · Oct 28, 2026UndisclosedTucson Supplemental Retirement System, ArizonaTSRS Board Reviews BlackRock Investment Holdings · Oct 22, 2026UndisclosedAll BLACKROCK contractsVendor profile

More Virginia Retirement System (Political Subdivisions) contracts

Gabriel, Roeder, Smith & Company (Grs)Actuarial Valuations Recommended for Retirement Programs · Nov 3, 2026UndisclosedMercer (A Marsh Business)VRS Engages Mercer for Investment Compensation Study · Oct 25, 2026UndisclosedPantheon VenturesVRS Continues Pantheon Ventures Relationship · Oct 15, 2026UndisclosedVOYAVRS and Voya Integrate Pension Estimates · Oct 15, 2026UndisclosedSpectrum XiVRS Commits $145 Million to Spectrum XI Fund · Oct 15, 2026$145 MillionAll Virginia Retirement System (Political Subdivisions) activityAgency profile

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 October 15, 2026.

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 Virginia Retirement System AgendaPacket Board Meeting 2026-10-15 (AgendaPacket), dated October 15, 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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