Expired contract

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

Details

Value
GBP 213,641,111
Duration
14 years
Topic
Financial and insurance services
Published
24 September 2021

Tender description

Lot 1: 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.

Timeline

  1. Completed: Award date24 April 2011
  2. Completed: Award published24 September 2021
    Current notice
  3. Completed: Contract expiry date30 September 2025

About the buyer

Department for Education is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

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

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Decision makers

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