VRS Uses Mercer Review to Update Investment Pay Plan
Virginia Retirement System (Political Subdivisions)State · VA- Document date
- Jun 17, 2026
The 30-second brief
VRS engaged Mercer (A Marsh Business) to evaluate investment benchmarks and incentive hurdles for the retirement system’s total fund and asset classes. Mercer’s recommendations informed the Board-approved amendments to the Investment Professionals’ Pay Plan effective July 1, 2026.
Mercer (A Marsh Business) holds this professional services contract with Virginia Retirement System (Political Subdivisions).
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Contract details
- Contract type
- Professional Services
- Document date
- June 17, 2026
- Vendor
- Mercer (A Marsh Business)
- Source document
- Virginia Retirement System AgendaPacket Administration, Finance and Talent Management Committee Meeting 2026-06-17 (AgendaPacket)
Mercer (A Marsh Business)'s other public contracts
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Questions about this contract
Who was awarded the professional services contract by Virginia Retirement System (Political Subdivisions)?
Mercer (A Marsh Business) was awarded this professional services contract by Virginia Retirement System (Political Subdivisions), as recorded on June 17, 2026.
What type of contract is this?
This is a Professional Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Virginia Retirement System AgendaPacket Administration, Finance and Talent Management Committee Meeting 2026-06-17 (AgendaPacket), dated June 17, 2026 from Virginia Retirement System (Political Subdivisions). Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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