Cordoba Agreement Pension Scheme

Concepts

• pension fund management
• pension services
• overseas service agreements
• cordoba agreement pension scheme
• the gibraltar pension ordinances
• a bespoke pension scheme
• a closed pension scheme
• this pension scheme
• pension
• pensioner

Location

Description

The FCDO also has responsibility for the payment of a pension related to overseas service agreements. There are currently approximately 678 monthly and 189 quarterly paid pensioners in receipt of this pension. This is a closed pension scheme, and the average age is around 91 years. The pensioner population is declining each year with a limited number of eligible widows. This is a bespoke pension scheme; and a working knowledge of the Gibraltar Pension Ordinances is essential. The administration of this pension scheme will require the supplier to engage with the Government of Gibraltar and maintain a strong working relationship to facilitate the sharing of critical information.

CPV Codes

• 66141000 - Pension fund management services
• 66520000 - Pension services

Indicators

• Contract is suitable for SMEs.