Civil Service Pension Scheme
Coverage of Civil Service Pension Scheme in the Nexus archive.
- Retired UK civil servants failed by pension outsourcing, government says
The UK government admitted that outsourcing pensions to Capita caused chaos, leaving retired civil servants waiting up to a year for payments and facing financial hardship, including reliance on food banks.
- How do you solve a problem like Capita?
Capita's share price dropped 9% after it announced a financial hit due to issues with its UK government contract for the Civil Service Pension Scheme (CSPS), which left some members unpaid. Analysts downplayed the impact, noting the contract's small size relative to Capita's overall revenue, while the UK government faces challenges in replacing the contract due to operational complexity. Legal disputes and concerns over staffing levels also affect Capita's ongoing public sector contracts.
- Civil servants to protest outside Capita AGM over pension shambles
Civil servants will protest outside Capita's annual general meeting over missing pensions and a data breach affecting pension scheme members. The protest is a result of Capita's handling of the Civil Service Pension Scheme, which has left thousands of retired civil servants without their pensions. The issues with the scheme have been ongoing since Capita took over administration in December.
- Capita won disastrous UK pensions gig after acing performance checks
The UK government awarded Capita a £239 million contract to manage the Civil Service Pension Scheme after evaluating its past performance, despite the project later causing payment delays for retirees. A senior civil servant stated the bid was strong in quality and value for money.