Provision of Pensions Subject Matter Experts for NHS Pension Scheme McCloud Remedy
NHS Business Services Authority · Awarded contract
AwardedProvision of Pensions Subject Matter Experts for NHS Pension Scheme McCloud Remedy
Awarded 21 Apr 2025
Awarded21 Apr 2025
Value£6,500,000.00
SupplierEquiniti Limited
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 7mo ago12mo term
Awarded 21 Apr 2025Expired 20 Apr 2026
About
NHS Business Services Authority awarded a contract to Equiniti Limited for pensions subject matter experts to support compliance with the McCloud Judgement, which requires remedies to remove age discrimination from public sector pension schemes following the 2015 reforms.
The work includes redundancy estimate requests, end-to-end retirement calculations, and putting pensions into payment, with added complexity from producing Pension Savings Statements for impacted McCloud members.
The contract, valued at £6,500,000, addresses a significant spike in pension workloads due to recent announcements around NHS England and integrated care boards.
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Provision of Pensions Subject Matter Experts for NHS Pension Scheme McCloud Remedy
Won by Equiniti Limited · NHS Business Services Authority
£6.5Mawarded
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Pension Administrative Services for Bank Employees – 6+5 Year Contract (£9M–£14M)Finance & Insurance · Closes 8 Feb 2027
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