Contract Variation for the Provision of the Teachers’ Pension Scheme Administration for the UK Department for Education

A Modification Notice
by DEPARTMENT FOR EDUCATION

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£214M
Sector
BUSINESS
Published
24 Sep 2021
Delivery
To 30 Sep 2025 (est.)
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Total Quantity or Scope

On 20 December 2018, the Court of Appeal ruled that transitional protection arrangements contained within the judges’ and firefighters’ pensions schemes (the McCloud and Sargeant cases, respectively) were discriminatory on the grounds of age, sex and race. The transitional protection arrangements are policy provisions that were introduced on 31 March 2012 and enabled those who were closest to their normal pension age to stay in the final salary schemes whilst those who were younger transitioned over into the new Career Average Revalued Earnings (CARE) schemes from 1 April 2015. And therefore there is a need to deliver transitional protection discrimination remedy.

Award Detail

1 Capita Employee Benefits (London)
  • Reference: 023885-2021-09/s 180-258507/en-1
  • Value: £213,641,111

CPV Codes

  • 66523100 - Pension fund administration services
  • 66000000 - Financial and insurance services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** A voluntarily 30 day standstill period shall be applied to this modification notice.

Reference

Domains