Awarded
The Provision of Actuarial Services to Equalise Guaranteed Minimum Pension (GMP) for Members GMP Imp
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Descriptions
Actuarial services to equalise guaranteed minimum pensions for Members and the application of a Statutory Minimum. A service to calculate the uplift in benefits (if any), plus any arrears due (where relevant) in respect of GMP equalisation (and the underpin) for the remaining members of the ‘backbook’ of the PPF. The backbook comprises members of schemes which transferred to the PPF prior to 1.6.2013 and contracted out via the GMP method. A small number of schemes that transferred after 1.6.2013 that were given permission to transfer before equalising for GMPs are also included in the scope. The following optional services may be provided by the Service Provider upon written agreement by the Parties; Average Approaches, Extra Data Validation, Additional Calculations and Amendments to the Build.
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Tender Regions
CPV Codes
66519600 - Actuarial services
66522000 - Group pension services
66523000 - Pension fund consultancy services
Keywords
reserve analysis
risk modeling
mortality tables
group retirement fund
insurance forecasting
retirement plan advisory
actuarial analysis
financial risk modeling
actuarial consulting
pension fund advice
corporate pension plans
insurance mathematics
pension scheme design
premium calculation
pension fund review
employee pension schemes
pension consultancy
pension scheme optimization
collective pension program
pension compliance consultancy
strategic pension planning
statistical risk assessment
organizational pension fund
pension regulatory advice
employer-sponsored pension service
group retirement planning
multi-employer pension services
trustee advisory services
defined benefit scheme service
workplace pension administration
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