Crown Commercial Service · Awarded contract
Awarded

Administration of Civil Service Pension Scheme and Royal Mail Statutory Pension Scheme

Awarded 17 Nov 2023

View live tenders
Awarded17 Nov 2023
Value£262,000,000.00
RegionUnited Kingdom
CategoryFinance & Insurance
Expires in 9y12y term, 25% elapsed
Awarded 17 Nov 2023Expires 16 Nov 2035

Crown Commercial Service awarded a contract to Capita Pension Solutions Limited for the administration of the Civil Service Pension Scheme (CSPS) and Royal Mail Statutory Pension Scheme (RMSPS).

The CSPS includes the Principal Civil Service Pension Scheme, the Civil Service and Others Pension Scheme, the Civil Service Compensation Scheme, and the Civil Service Injury Benefits Schemes, serving approximately 1.6 million members and over 300 employers.

The services encompass finance, accounting, and taxation; employer-related services such as data and contribution collection, communications, portal provision, and database maintenance; member-related services including self-service portals, pension award calculations, McCloud judgment options, communications, and helpline operations; pension payroll services; and reporting to regulators.

The contract value is AUD 262,000,000.

Similar open tenders12

Other similar contracts12

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Provision of Subject Matter Expertise Consultancy Services for the Future Administration of the Civil Service Pension SchemeConsultancy & LegalPRICEWATERHOUSECOOPERS LLP
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