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Ireland - Pension services - EM 02/25 Defined Benefit Pension Scheme Consultancy and Administration

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Summary

Machine-generated summary

Bord na Móna PLC awarded a contract for Defined Benefit Pension Scheme Consultancy and Administration services. The contract covers consultancy to scheme trustees, trustee secretarial, actuarial reporting, risk management, IORPII and DORA compliance, investment consulting, pension payroll processing and benefits administration for the GESS, RWESS, FLEPS and AVC schemes, plus unfunded liabilities and the Voluntary Contribution Scheme. The winner was Willis Towers Watson_33828. The awarded value is EUR 5,200,000, which equals the estimated value within 1 percent. The contract was awarded on 2026-04-16. The procurement process is now complete.

Description

Expressions of interest are invited from suitably qualified Applicants interested in being considered for the supply of Defined Benefit Pension Scheme Consultancy and Administration services and also for independent advice to the trustees for the following schemes operated by the Contracting Entity: The scope of requirements is services, including but not limited to, the following: Defined Benefit schemes to include GESS, RWESS, FLEPS, AVC Services to include: - - General Consulting to the Scheme Trustees - Trustee Secretarial - Actuarial Reporting - Risk Management - IORPII and DORA Compliance Investment Consulting (Consulting, monitoring and reporting, online funding tracking tool) - Pension Payroll Processing, Payment and Administration - Providing reports and scheme data to support any requests for pension increases or investment strategy Administration (Record-Keeping & Benefits Administration, Trustee Annual Report, pensioner communications) (i) The Regular Works Employees Superannuation and Spouses’ and Children’s Pension Scheme (RWESS); (ii) The General Employees Superannuation and Spouses’ and Children’s Pension Scheme (GESS); (iii) The Bord na Móna Fuels Limited Employees Pension Scheme (FLEPS); (iv) Unfunded pension liabilities in respect of: • Former Managing Directors and their spouses and • Ex-gratia widows pensions; (v) The Bord Na Móna Voluntary Contribution Scheme. Please note this process is now complete.

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 6 days ago

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Avg. open tender · Financial & insurance services
€15,785,829
3,146 open across Europe right now 67% below sector average
Buyer track record on Aperlena
360 notices tracked · 59 awarded
€10,574,737 in awarded contracts

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