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Actuarial Services (IAS 19 Disclosure)

STUDENT LOANS COMPANY LIMITED Published 5 Mar 2024 Contracts Finder

key details

Value£60,500
Statuscomplete
Category (CPV) 66519600
RegionScotland
Deadline7 Feb 2024
Contract start29 Feb 2024
Contract end28 Feb 2026
Proceduredirect
SME suitableNo
OCIDocds-b5fd17-bc7a4b0d-dbe7-4b34-b52a-c69740fc1aa9

Award

SupplierValueDateStatus
Mercer £60,500 28 Feb 2024 active

description

We require an authorised Supplier to provide us with an actuarial valuation of the pension scheme as at 31 March 2024 in line with International Accounting Standard 19. This is a requirement for the Annual Report & Accounts (ARA).

Mercer are the SLC pension scheme administrators. The scheme is closed to new entrants and SLC transferred active members into the Civil Service Pension Scheme in 2020. Deferred members were due to transfer in October 2023 but this has been paused due to a legal case impacting UK pension schemes. Until this is resolved, there is a requirement for Mercer to provide this information for the ARA.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
5 Mar 2024 Award (award) · 688466b5-4e21-42b5-8881-c4aade833042-729211

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