Awarded

Award of Bulk Annuity Contract for GPS Energy Solutions Section of Combined Nuclear Pension Plan

Awarded 12 May 2019

View live tenders
Awarded12 May 2019
Value£24,640,000.00
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 6y 6mo ago1y term
Awarded 12 May 2019Expired 11 May 2020

International Nuclear Services Ltd awarded a contract to Just Retirement Limited for a bulk annuity in respect of the GPS Energy Solutions Section of the Combined Nuclear Pension Plan.

The contract, valued at £24,640,000, relates to liabilities for the EnergySolutions EU Limited section of the Plan, a multi-employer final salary pension arrangement with ring-fenced sections.

The Nuclear Decommissioning Authority is the Lead Company for many sections, though not an employing entity.

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