Request for The provision of Comprehensive Pension Administration Services on an Outsourced Basis to the Higher Education Authority (HEA)
Value
Estimated€400,000 · 400,000 EUR
Awarded€391,000 · 391,000 EUR
WinnerLCP Ireland
CPV codes
66520000 Financial & insurance services75320000 Administration, defence & social security66500000 Financial & insurance servicesDescription
The objective of this contract is to appoint a competent and experienced service provider to deliver a comprehensive outsourced pension administration service that ensures compliance, accuracy, and operational efficiency. The successful tenderer will assume full responsibility for the administration and management of the HEA’s pension arrangements, encompassing all aspects of member lifecycle from enrolment to pension payments. The service must cover both of the HEA’s pension schemes - The Superannuation Scheme and the Single Public Service Pension Scheme – and be delivered in accordance with all relevant Irish Public Sector Pension legislation, Department of Public Expenditure, NDP Delivery and Reform (DPENDR) circulars and applicable pension policy payments.